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what are silent partners?

  • Thread starter Thread starter l_b
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L

l_b

Guest
What is the legal responsibilty and legal liability of a silent partner?
 


L

Lg2

Guest
I don't know if there is a legal definition of a silent partner. A limited partner is one who is invested in a company. She makes no control decisions, and does not have a say in the business. she is entitled to her share of profits, but is generally not liable
 
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