the other name of sleeping partner is? 1)active partner 2)dormant partner 3)sub partner 4)nominal partner please give me right answer please
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Answered by
11
Answer:
nominal partner
Explanation:
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Answered by
2
Answer:
2) Dormant partner
Explanation:
Contributor or investor who is not active in managing a firm and may not be known to the outsiders. A dormant partner shares profits and losses with other partners but (if he or she is not a signatory to the loan agreements) generally may withdraw from the firm without notice to the lenders.
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