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Question
The partner who provides capital and shares profit and loss in the partnership business but does not take an active part in the management is known as ______.
Options
Active Partner
Sleeping Partner
Secret Partner
Limited Partner
MCQ
Fill in the Blanks
Solution
The partner who provides capital and shares profit and loss in the partnership business but does not take an active part in the management is known as Sleeping Partner.
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Partnership Deed
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