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Who takes no active part in Business?

6. Who takes no active part in Business?

  1. CEO
  2. Managing Director
  3. Dormant Partner
  4. Minor Partner

Answer: C) Dormant Partner

Explanation:

One who takes no active part in business is a dormant partner. But is entitled to a share of the profits, and subject to a share in losses; - called also sleeping, partner or silent partner.

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