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प्रश्न
State whether the following statement are True or False.
A partner who provides only capital to the firm is called as nominal partner.
पर्याय
True
False
MCQ
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उत्तर
False .
Explanation: A partner who only provides capital to the firm is known as a sleeping partner. On the other hand, a nominal partner is one who merely renders his/her name to the firm. Hence, the above given statement is false.
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