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Q: What is the difference between a General Partners and a Silent Partners?
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The difference between silent film and sound film is because that silent film has no sound whatsoever and a sound film has sounds in it


What is the difference between dormant partner and silent PARTNER?

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What is the liability for members of partnerships?

There are two basic kinds of partnerships - general and limited partnerships:In a general partnership, the partners not only contribute money or property to the partnership, but they also participate in running the partnership's business.They are all considered "general partners", and every one of them can be held personally liable for a judgment against the partnership. That is, their personal assets can be seized to satisfy such a judgment if the partnerships assets are insufficient. What is more, general partners are jointly and severally liable, which means that a plaintiff, if he wishes, can recover the entire amount of a judgment from any single partner or combination of partners. (The partners who have to pay can sue the other partners for reimbursement of their share of the judgment).In a limited partnership, not all of the partners are general partners (although there must be at least one general partner, who is personally liable for partnership obligations just as in a general partnership). The limited partners are truly "silent" partners; they contribute money or property to the limited partnership, but they have no say in the running of the partnership's business, and they are not personally liablefor partnership obligations (i.e., their personal assets are protected from being seized to satisfy a judgment against the partnership.) Their liability for any judgment against the partnership is limited to the amount of their contribution to the partnership. So, while a limited partner could lose the amount of his investment in the partnership, that is all he can lose.


What the different between silent and quiet?

Silent means complete absence of sound, while quiet means making little to no noise. Silent implies no sound at all, while quiet suggests a low or subdued volume level.


What percentage should a silent partner get?

Typically silent partners share in the profits of a business in direct proportion to the capital which they invested in the company. A silent partner which supplies 10% of the required capital investment typically receives 10% of the after-tax profit realized by the firm. Active partners typically pay themselves a salary and may share in the profits in accordance to any investment they made upon consummation of the partnership agreement.