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Goodwill

Which of thes...

Question

Which of these partner does not contribute capital in the firm.

A

Nominal partner

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B

Active partner

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C

Sleeping partner

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D

All the three

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Solution

The correct option is B Nominal partner
Option A is the correct answer.

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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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Q. Give the word / term or phrase which can substitute each of the following statement.

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