who is a nominal partner?
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Hey mate here is ur answer...!!!!!
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A nominal partner is one who allows the use of his/her name by a firm, but does not contribute to its capital. He/she does not take active part in managing the firm.
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Hope it helps..✌️✌️
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A nominal partner is one who allows the use of his/her name by a firm, but does not contribute to its capital. He/she does not take active part in managing the firm.
______________________________
Hope it helps..✌️✌️
GhaintKudi45:
u both
Answered by
6
HEY DEAR!!
YOUR ANSWER HERE...
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A nominal partner is one who does not have any real interest in the business but lends his name to the firm, without any capital contributions, and doesn’t share the profits of the business. He also does not usually have a voice in the management of the business of the firm, but he is liable to outsiders as an actual partner.
__________
HOPE HELPED:)
THAT'S ANANYA RATHEE ;D
#BB
YOUR ANSWER HERE...
__________
A nominal partner is one who does not have any real interest in the business but lends his name to the firm, without any capital contributions, and doesn’t share the profits of the business. He also does not usually have a voice in the management of the business of the firm, but he is liable to outsiders as an actual partner.
__________
HOPE HELPED:)
THAT'S ANANYA RATHEE ;D
#BB
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