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A partner who does not participate in the management of the affairs of the partnership and whose connection with it is not made known to the public is called:

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

1 Answer

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Final answer:

The correct answer is c. Silent partner. A silent partner provides capital to a partnership but does not take part in its management and is not known to the public.

Step-by-step explanation:

A partner who does not participate in the management of the partnership and whose connection with the partnership is not made known to the public is called a c. Silent partner.

A silent partner is an individual whose involvement in a partnership is limited to providing capital to the business. Unlike an ostensible partner, who appears to be a partner to the public, or a secret partner, who is actively involved in the business but not known to the public, a silent partner stays completely out of day-to-day operations and is not known to the public as apart of the business arrangement. A dormant partner is similar to a silent partner in that they are not active in the daily management of the partnership, but they are also not known to the public as a partner.

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