Silent partners have the duty to serve and bear the same liability for partnership debts as any other partner.

Name: Silent partners have the duty to serve and bear the same liability for partnership debts as any other partner.
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Question

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Partners may agree to relieve a partner of the duty to serve.So-called silent partners merely contribute capital to the partnership.Silent partners do not have the duty to serve,but they have the same liability for partnership debts as any other partner.

Silent Partners Have the Duty to Serve and Bear the Same