A partner who contributes only his name to the formation of a partnership is

  • A a nominal partner
  • B a limited partner
  • C a general partner
  • D an active partner
jamb 2022commerce

The correct answer is A. a nominal partner

A nominal partner is also known as Quasi partner. he only contributes his name to the formation of the business. He neither contributes capital nor take part in the management of the firm.

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