Concept:A nominal partner is one who lends only his name to a partnership, without contributing capital or taking part in its management.
Explanation:In a partnership, partners may contribute capital, skills, or sometimes only their name and reputation.
A partner who contributes only his name does not invest money in the firm.
He also does not take part in the day-to-day running or decision-making of the business.
Because he neither provides capital nor plays an active role, he is not called an active partner or a general partner.
He is also not a limited partner, since a limited partner usually contributes some capital even though he stays out of management.
Such a partner is described as a nominal partner because his role exists only in name.
He allows the firm to use his name to build credibility, but he does not participate in its actual operations.
Therefore, the correct description of this partner is a nominal partner.
Answer:A. a nominal partner