0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Who is nominal partner?
A partner with limited liability and contribution.
What is the definition of a nominal partnership?
WHAT IS NOMINAL PARTNERA 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.definitionPerson 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.
Is politics nominal or ordinal?
Nominal.
is sex ordinal or nominal?
nominal
Is BMI a nominal or ratio data?
nominal
Is favourite sport ordinal or nominal?
Nominal
Is work settings nominal or ordinal?
They are nominal.
A sentence with the word Nominal?
i had to pay Nominal fees. Nominal charges might apply on your purchase.
Advantages and disadvantages of nominal scale?
The advantage of using a nominal scale is that it can help with classification. The disadvantage of using a nominal scale is that it is the most primitive system.
Liabilities is real accounts or nominal accounts?
nominal account.
What is a sentence with nominal?
After the rocket took off, its systems were nominal.
What kind of leadership is queen Victoria nominal or authoritative?
nominal
