Charles Explorer logo
🇬🇧

The Nature of an Entrepreneur's Debt to a Silent Partner when the Silent Company Terminates

Publication at Faculty of Law |
2017

Abstract

As a result of a termination of a silent partnership, a silent partner becomes a pecuniary claim. Its amount is determined by the deposit set in the silent partnership agreement as a cash amount less any share of the loss from the venture in which the silent participant participates.