meaning of nominal partner in partnership ???????
Answers
Answered by
2
A nominal partner is a partner in the business who has no actual interest in the trade or its profits. ... Generally, a nominal partner is a well known, well connected individual whose name lends credibility and recognition to the firm. A nominal partner is paid a fee for this service.
please keep me has brainleist
Answered by
2
Answer:
which isn't an active partner and doesn't take part in everyday business but shares the profit
Similar questions