Question

Elaborate various types of partner

Answer 1

Answer:

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.

Answer 2

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.