WAEC Commerce 2014 Theory — Question 44
Question 44 of 50 from the West African Examinations Council (WAEC) Commerce 2014 Theory paper, with the correct answer and a full explanation.
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A person who contributes money to a partnership business and is also involved in its general supervision is called
- A. an active partnerCorrect
- B. a limited partner
- C. a dormant partner
- D. a normal partner
Explanation
An active partner has both money and personal involvement (body) at stake in the partnership business.
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