Question

The partner who is entitled to share profits only. Answer in a word / phrase / term.

Answer 1

Hey mate✌️✌️


The partner who is entitled to share profits only.⤵️⤵️⤵️⤵️⤵️⤵️⤵️


(Partners in profit only.)

Answer 2

Answer:

As per the question

Partner who have stipulated with other partner that he will be entitled to a certain share of profits, without being liable for the losses, known as a partner in profits only.

When a partner is admitted into partnership firm with a special agreement that he is entitled to share profits of firm but not in the losses.