Question

A person who, although not actually a partner, is made liable for the debts of the partnership to third person by reason of his acts or omissions is called:

a. Ostensible partner
b. Nominal partner
c. Silent partner
d. Dormant partner
e. None of the above

Answer 1

A person who, although not actually a partner, is made liable for the debts of the partnership to third person by reason of his acts or omissions is called a nominal partner.

Step-by-step explanation:

A person who, although not actually a partner, is made liable for the debts of the partnership to third person by reason of his acts or omissions is called a nominal partner. A nominal partner is someone who appears to be a partner but does not have an actual ownership interest in the partnership. They may have been given the appearance of being a partner by the other partners or by their own actions or omissions.