JAMB Commerce 2023 Objective — Question 19

Question 19 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2023 Objective paper, with the correct answer and a full explanation.

A partner that notes only his name in the partnership business is a A.

A. active partners.
B. sleeping partner.
C. nominal partner.Correct
D. dormant partner.

Explanation

A nominal partner is the member of the partnership business who denotes only his or her name in the business.

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