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Does sleeping partner does not participate in conduct of business

Posted by Abhinav Agarwal 6 years ago

CBSE > Class 12 > Accountancy

1 answers

Vishwajeet Jha 6 years ago

sleeping partner is a partner who sleeps that is he does not take active part in the management of the business such a partner only contributes to the share capital of the phone is bound by the activities of other partners and shares the profits and losses of the business.?

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