Business Studies, asked by madmax29, 1 year ago

what is active partner?
pls answer
I will give brain lisr

Answers

Answered by amaan88
2
An active partner is an invested person who is involved in the daily operations of the partnership. An active partner helps run the business to enhance his or her returns and is therefore considered a material participant. This person typically shares more risk and return versus a limited or silent partner.

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madmax29: thanks
amaan88: Welcome bro..
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