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The partner not sharing profit but liable for the debts of the firm is…
Question:
The partner not sharing profit but liable for the debts of the firm is…
Choose the correct answer:
- A. Secret partner
- B. Nominal partner ✅ Correct
- C. Working partner
- D. None of them
Related Questions & One-Liners
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Related MCQs
Inactive partner is also known as…..
… . . .. Partner do not take part in conduct of business firm.
The partner not disclosed to public but shares the profit and losses of the firm is…
The partner Neither contributing capital not taking an active part in business conduct is…
The partner who does not want to be known as partner of the firm is…
The partnership wherein partners have unlimited liabilities is…
When businesses organisations owned and controlled by a single person it is…
.. . Encourage self-employment.
The highest secrecy can be maintained in
Limited scope of expansion is the disadvantage of…
The oldest form of business organisation is….
In which of the following forms of business organization, registration is compulsory…
Related Study Material
Forms of Business Organisation : Partnership | DSBM Notes And MCQs
A business partner may be a commercial entity with which another commercial entity has some sort of alliance. This relationship could also be a contractual,…