Common Contracts
1 similar Silent Partnership Agreement contracts
Silent partnership agreement template ukSilent Partnership Agreement • May 16th, 2021
or call us at 033 03001103 we use cookies on our website. the details of the cookies we use and how you can enable/disable them on a later date are indicated in our cookie policy. please accept or refuse these below. a silent partner, or sleeping partner, is a passive financial investor normally found in a limited partnership with little to nothing in the daily business management. generally the responsibility of the silent partner is limited even if not necessarily. when it is not limited, the silent partner is equally responsible for business finance as a general partner, despite rarely having input in business management. However, if the partnership is limited, the silent partner is only responsible for their capital investment. the distinction of such a limited partnership must be decided and approved by all parties concerned in the partnership agreement to be valid. if it is not, then the partnership is susceptible to the law as indicated in the Partnership Act 1890. Limited silen
