A partner who only make capital contribution but does not take part in the management of the partnership business is a/an
-
A.
ordinary partner -
B.
limited partner -
C.
dormant partner -
D.
nominal partner
Correct Answer: Option C
Explanation
Dormant partner is a partner who contributes capital and takes no share in the active business of a company or partnership, but is entitled to a share of the profits, and subject to a share in losses; They are also called sleeping partner or silent partner.