Elaborate various types of partner
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Types of Partners in a Business Partnership
Working Partner. A Working Partner is one who contributes capital to the business and takes active part in its management. ...
Sleeping Partner. ...
Nominal Partner. ...
Partner by Estoppel. ...
Limited Partner. ...
Secret Partner. ...
Partner by Holding Out. ...
Sub – Partner.
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Explanation:
Types of Partners in a Business Partnership
1.Working Partner. A Working Partner is one who contributes capital to the business and takes active part in its management. ...
2.Sleeping Partner. ...
3.Nominal Partner. ...
4.Partner by Estoppel. ...
5.Limited Partner. ...
6.Secret Partner. ...
7.Partner by Holding Out. ...
8.Sub – Partner.
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