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WHAT IS NOMINAL PARTNER

A person who neither has ownership rights or active involvement in the firm's affairs, but has a strong interest in the success of the partnership firm. Often a well known, well connected individual whose association lends credibility and recognition to the firm is suited to the role of a nominal partner. This individual also known as a limited or ostensible partner, is paid a fee for his service.

definition

Person who has an interest in the success of a partnership firm but, legally, is not partner because he or she neither owns a part of the firm nor actively participates in its affairs. Often a nominal partner is a well known, well connected individual whose name lends credibility and recognition to the firm, and is paid a fee for this service. Also called limited partner or ostensible partner.

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Q: What is the definition of a nominal partnership?
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Definition of nominal gnp?

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Definition of nominal real and personal accounts?

A nominal real account represents incomes, gains, expenses, and losses. A personal account represents a person's and organization's expenses.


What is a nominal Christian?

Mainstream/Secular definition: A nominal Christian is one who says he/she is a Christian but hardly ever goes to church. Or, someone who selects "Christianity" as their religion for any official purpose (e.g. national census), but consider him/herself to be a non-practising Christian.Christian definition: A nominal Christian is one who says he/she is a Christian, but does not possess a trusting, faithful, dependent relationship with the Lord Jesus Christ; relationship made possible by Christ's propitiation on the cross and the gift of the Holy Spirit to those predestined by God the Father. The church attendance of a nominal Christian is not relevant to whether they are nominal or not; a nominal Christian can attend church weekly or rarely. A nominal Christian may undertake religious activities (especially at Christmas/Easter), and proclaim fellowship with followers of Jesus (for example, through being a "member" of a church), but in their heart they will possess apathy or even unbelief toward the sovereignty of Jesus Christ.Alternative definition: http://www.comprehensivechristian.com/The-Nominal-Christian-comprehensivechristian.com.asp


How do you abbreviate the word partnership?

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A failed state is a region where government has little to no control over the people, nominal police/military force, or the inability/unwillingness to participate as a member of the international community.

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Definition of nominal gnp?

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What is a nominal Christian?

Mainstream/Secular definition: A nominal Christian is one who says he/she is a Christian but hardly ever goes to church. Or, someone who selects "Christianity" as their religion for any official purpose (e.g. national census), but consider him/herself to be a non-practising Christian.Christian definition: A nominal Christian is one who says he/she is a Christian, but does not possess a trusting, faithful, dependent relationship with the Lord Jesus Christ; relationship made possible by Christ's propitiation on the cross and the gift of the Holy Spirit to those predestined by God the Father. The church attendance of a nominal Christian is not relevant to whether they are nominal or not; a nominal Christian can attend church weekly or rarely. A nominal Christian may undertake religious activities (especially at Christmas/Easter), and proclaim fellowship with followers of Jesus (for example, through being a "member" of a church), but in their heart they will possess apathy or even unbelief toward the sovereignty of Jesus Christ.Alternative definition: http://www.comprehensivechristian.com/The-Nominal-Christian-comprehensivechristian.com.asp