Commerce JAMB

The partner that only contributes part of the capital used in the formation and running of a business is known as?
The partner that only contributes part of the capital used in the formation and running of a business is known as?The partner that only contributes part of the capital used in the formation and running of a business is known as?

A. a passive partner
B. an active partner
C. a dormant partner
D. a nominal partner

Correct Answer:

Option C – a dormant partner

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4 years ago

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