Rakesh, Sudhir and Mohit have mutually decided to set up a new small scale handicraft factory in a remote rural area in Haryana. As it will, not only help to meet the growing demand for their products but also generate different kinds of employment opportunities in the village and foster its economic development. They have decided to promote their business in the form of partnership. Sudhir’s association with the firm will be hidden from the public. Mohit will not take part in the day-to-day activities of the business due to health issues. However, Rakesh will take actual part in carrying out business of the firm on behalf of other partners. In the context of the above case, briefly explain the various types of partners which are being mentioned in the above paragraph 1
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