Question

A partner who does not get actively involved in business is a _________ partner.

• A. active
• B. sleeping or dormant
• C. nominal
• D. sub-partner

Answer 1

Answer: (B)

sleeping or dormant

Sleeping Partner or Dormant partner - A sleeping partner is a partnership business who does not play an active role, especially one who supplies capital and whose association with the enterprise is not public knowledge. He has share in profit and loss of business.