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Commerce · Q348

Business and Commerce

Graduate and Post Graduate · Commerce · question 348

Q348

Nominal partner in a partnership firm is one who:

A.
Contributes in the management
B.
Invests capital in the firm
C.
Does not invest capital and only sells his goodwill
Answer
D.
Is not known to outsiders as partner

Answer: Option C

Solution

Answer: Option C
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