Concept:A partner who lends only his name to the firm, without capital or involvement in operations, is a nominal partner.
Explanation:A nominal partner does not invest any money in the business.
He also does not take part in the daily management or decision-making of the firm.
His only role is to allow his name, reputation, or influence to be used by the partnership.
This helps the business build credibility and attract customers or credit.
He is not a true owner in terms of financial contribution.
A limited partner contributes capital but has restricted liability.
A general partner manages the business and bears full liability.
An active partner takes part in the everyday operations of the firm.
Since the question clearly states that the partner contributes only his name, such a person is best described as a nominal partner.
Answer:A. a nominal partner