Silent Partner is a thriller novel written by Jonathan Kellerman. The story follows psychologist Alex Delaware as he investigates a series of gruesome murders in Los Angeles. With the help of his friend, Detective Milo Sturgis, Delaware uncovers a complex web of secrets and lies that lead him to a silent partner who is orchestrating the killings. As the body count rises, Delaware must race against time to stop the killer before he becomes the next victim.
A silent partner is a business partner who invests in a company but does not participate in its day-to-day operations or management.
A silent partner typically has the right to share in the profits and losses of the business, but does not have the authority to make decisions or act on behalf of the company.
In most cases, a silent partner’s liability is limited to the amount of their investment in the business, unless they have personally guaranteed the business’s debts.
A silent partner is not actively involved in the management of the business, while a general partner is actively involved and has authority to make decisions on behalf of the company.
The process for removing a silent partner from a business is typically outlined in the partnership agreement or operating agreement of the company.
A silent partner’s share of the business’s profits and losses is typically reported on their personal tax return.
A silent partner may have legal recourse if they believe their rights as a partner have been violated, but the specific circumstances will determine the viability of a lawsuit.
The level of involvement and decision-making authority for a silent partner is typically outlined in the partnership agreement or operating agreement of the company.
The process for selling a silent partner’s ownership stake is typically outlined in the partnership agreement or operating agreement of the company.
Before becoming a silent partner, it is important to carefully review the partnership agreement, understand the financial and legal implications, and consider seeking legal advice.
This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
This glossary post was last updated: 13th April 2024.
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