WAEC - Commerce (2014 - No. 42)
A person who contributes money to a partnership business and is also involved in its general supervision is called
An active partner
a limited partner
A dormant partner
a nominal partner
Explicaţie
An active partner is an invested person who is involved in the daily operations of the partnership. An active partner helps run the business to enhance his or her returns and is therefore considered a material participant.