A business partner who provides capital but abstains from participation in administration of a firm is a

A.

general partner

B.

nominal partner

C.

secret partner

D.

dormant partner

Correct answer is D

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