BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Limited partners invest in the business for financial returns and are not responsible for its debts and liabilities. This silent partner limited liability means limited partners can share in the profits, but they cannot lose more than they’ve invested.

Detailed explanation-2: -A limited partnership is a relationship where there can be one or more partners that are not involved in the business’ daily operations or management meetings. The partners are also referred to as silent partners.

Detailed explanation-3: -Because of the nature of their interest in a business, silent partners have limited liability that extends only up to the amount of capital they invest in the business. As a result, they can potentially lose their entire investment-but typically no more.

Detailed explanation-4: -A silent partner is also known as a dormant partner; an investor who becomes a member of a partnership by virtue of capital contribution, but plays an inactive role in the daily operation and management of the business.

Detailed explanation-5: -Silent partners, also known as limited partners, are professionals who enter investment contracts to provide benefits to a business, such as more capital. These individuals can offer many benefits to a business’ daily operations by providing quality contacts and guidance.