answersLogoWhite

0

What is a dormant partnership?

Updated: 12/18/2022
User Avatar

Wiki User

13y ago

Best Answer

A partner who 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

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is a dormant partnership?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

A volcano that has not erupted in many years is said to be what?

dormant dormant


Do cockatoos hibernate or are they dormant?

dormant


What are examples of dormant plants?

PLease help! (from answers.com) Dor·man·cyn. [From Dormant.]The state of being dormant; quiescence; abeyance. It is by lying dormant a long time, or being . . . very rarely exercised, that arbitrary power steals upon a people. Burke. 2.(Her.) In a sleeping posture; as, a lion dormant; -- distinguished from couchant. Dormant partner(Com.), a partner who 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. -- Dormant window (Arch.), a dormer window. See Dormer. -- Table dormant, a stationary table. [Obs.]Chaucer. A state of reduced activity that enables plants to survive conditions of cold, drought, or other stress. Most plants drop their leaves before going dormant.


Is Parícutin active or dormant?

It is active


What part of speech is dormant?

The word dormant is an adjective. Dormant means to be inactive or asleep.


Is newberry volcano a dormant volcano?

dormant


Is Grimsvotn volcano active or dormant?

dormant


Is laki dormant active or extinct volcano?

Its dormant


Is mount rainier active or dormant?

It is a dormant volcano


Is mt ruapehu an active dormant or extinct?

Dormant


Is Mt Mayon active dormant or extinct?

it is dormant


What is the french translation for 'sleeping'?

"dormant / en dormant"