A partner who contributed capital in the Finn but does not actively participate in the working of the business is called ______________.

Active Partner

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Sleeping Partner

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Sub-Partner

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Nominal Partner

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Solution

The correct option is C Sleeping Partner
A partner who contributed capital in the Finn but does not actively participate in the working of the business is called sleeping partner. Sleeping partner does not get involved in the management of the business. Only capital is contributed by the sleeping partner in a partnership entity.

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A partner who contributes capital but does not take part in the business management of a firm.

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