[amp_mcq option1=”Who has a smaller financial interest in the business” option2=”Who represents himself as a partner of holding out” option3=”Who neither contributes any capital nor takes any active part in the management” option4=”A partner who has larger financial interest in the business E. Who is not known to the outsiders but possesses real interest in the business and share in the profits of the business” correct=”option4″]<\/p>\n
The correct answer is: D. A partner who has larger financial interest in the business<\/strong>.<\/p>\n A dominant partner is a partner who has a larger financial interest in the business than the other partners. This means that they have more money invested in the business and, as a result, have more control over the business. Dominant partners are often the ones who make the major decisions about the business, such as what products to sell, how to market the business, and how to invest the profits.<\/p>\n The other options are incorrect because:<\/p>\n [amp_mcq option1=”Who has a smaller financial interest in the business” option2=”Who represents himself as a partner of holding out” option3=”Who neither contributes any capital nor takes any active part in the management” option4=”A partner who has larger financial interest in the business E. Who is not known to the outsiders but possesses real interest in … <\/p>\n\n