JAMB - Commerce (2013 - No. 16)
A business partner who provides capital but abstains from participation in administration of a firm is a
general partner
nominal partner
secret partner
dormant partner
Paskaidrojums
Dormant partner; a partner who contributes capital in a business but takes no share in the active business of a company or partnership, but is entitled to a share of the profits, and subject to a share in losses. called also sleeping partner or silent partner