Advertisements
Advertisements
Question
Sleeping partners are those who ______.
Options
take an active part in the conduct of the business but provide no capital. However, a salary is paid to them.
do not take any part in the conduct of the business but provide capital and share profits and losses in the agreed ratio.
take an active part in the conduct of the business but provide no capital. However, share profits and losses in the agreed ratio.
do not take any part in the conduct of the business and contribute no capital. However, share profits and losses in the agreed ratio.
MCQ
Fill in the Blanks
Advertisements
Solution
Sleeping partners are those who do not take any part in the conduct of the business but provide capital and share profits and losses in the agreed ratio.
shaalaa.com
Is there an error in this question or solution?
