If a partner contributes capital but does not participate in management, they are likely a: (2023)

Practice Questions

1 question
Q1
If a partner contributes capital but does not participate in management, they are likely a: (2023)
  1. General partner
  2. Silent partner
  3. Active partner
  4. Managing partner

Questions & Step-by-step Solutions

1 item
Q
Q: If a partner contributes capital but does not participate in management, they are likely a: (2023)
Solution: A silent partner contributes capital but does not take part in the management of the business.
Steps: 0

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