In the absence of a partnership act,profit should be shared
A) equally
Or
B) according to the rate of capital?

Question

Mohammed Shahid Ullah · Answer

In the absence of a partnership act, profit should be shared equally. Rate of capital is not the factor of profit distribution. Without capital a person can be a partner.

Samsheer ck samsheer · Answer

Correct Answer

according to the rate of capital

Mark Angelo Damuag · Answer

The profit should be divided according to the rate of capital. Letter B is the answer

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In the absence of a partnership act,profit should be shared A) equally Or B) according to the rate of capital?

Correct Answer

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