A business partner who provides capital but abstains from participation in administration of a firm is a

  • A general partner
  • B nominal partner
  • C secret partner
  • D dormant partner

The correct answer is D. dormant partner

Dormant partner; a partner who contributes capital in a business but takes no share in the active business of a company or partnership, but is entitled to a share of the profits, and subject to a share in losses. called also sleeping partner or silent partner

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