A partner who does not invest or participate in the management of the firm but only give their name to the business or firm is known as:
CS CSEET · Business Laws and Management · PYQS · June 2026
A partner who does not invest or participate in the management of the firm but only give their name to the business or firm is known as:
Answer & Explanation:
Correct Answer: Option (B)
Correct answer: (B) Nominal Partner.
Topics: Indian Partnership Act, 1932
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