Concept:A partner who provides capital but does not join in the daily management of the business is called a sleeping partner.
Explanation:In a partnership, partners may contribute money, skills, or both.
An active partner takes part in the day-to-day operations.
A limited partner has restricted liability but may still be involved in the business.
A nominal partner lends only their name and reputation, without contributing capital.
A sleeping partner, however, invests capital and shares in profits or losses, while staying away from routine management.
This description exactly matches the partner in the question.
Answer:D. a sleeping partner