If a partner only gives his name to the firm and does not participate in the management of the firm, then he is called as ___________.
A. Dormant oartner
B. Holding cut partner
C. Nominal partner
D. Sub partner
Answer:C
If a partner only gives his name to the firm and does not participate in the management of the firm, then he is called as ___________.
A. Dormant oartner B. Holding cut partner C. Nominal partner D. Sub partner