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Give the Word / Term Or Phrase Which Can Substitute the Following Statement. a Partner Who Contributes Only Capital for the Business but Does Not Take Any Active Part. - Book Keeping and Accountancy

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प्रश्न

Give the word / term or phrase which can substitute the following statement.

A partner who contributes only capital for the business but does not take any active part.

एक शब्द/वाक्यांश उत्तर
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उत्तर

Sleeping partner

Explanation: A partner who contributes only capital for the business and does not take any active part in the day to day functioning of the business is regarded as a sleeping partner.

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अध्याय 1: Introduction to Partnership - Exercise 2 [पृष्ठ १३]

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मायकल वाझ Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
अध्याय 1 Introduction to Partnership
Exercise 2 | Q 7 | पृष्ठ १३
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