Discussion Forum : Forms Of Business Organisation
Question -


Spicetech is a medium sized firm. The firm sells spices to different parts of the world. Sita is a partner that adds money but yet does not take part in the daily management. She is a part of another company and handling the management there. What kind of partner is she? 

Options:
A .   Nominal partner
B .   Sleeping partner
C .   Active partner
D .   Secret partner
Answer: Option B
:
B

A sleeping partner is one who adds money but yet does not take part in the daily management.



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