A partner who only make capital contribution but does not take part in the management of the partnership business is a/an

A.

Ordinary partner

B.

Limited partner

C.

Dormant partner

D.

Nominal partner

Correct answer is C

Dormant partner is a partner who contributes capital and 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; They are also called sleeping partner or silent partner.