Q. Sleeping partners are those who
  • (A) take active part in the conduct of the business but provide no capital. However, salary is paid to them.
  • (B) o not take any part in the conduct of the business but provide capital and share profits and losses in the agreed ratio
  • (C) take active part in the conduct of the business but provide no capital. However, share profits and losses in the agreed ratio.
  • (D) do not take any part in the conduct of the business and contribute no capital. However, share profits and losses in the agreed ratio.
💬 Discuss
✅ Correct Answer: (B) o not take any part in the conduct of the business but provide capital and share profits and losses in the agreed ratio

💬 Discussion

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