14. Alka, Barkha and Charu are
partners in a firm having no
partnership agreement. Alka,
Barka and Charu contributed
Rs.2,00,000, Rs.3,00,000 and
Rs.1,00,000 respectively. Alka
and Barkha desire that the
profits should be divided in the
ratio of capital contribution.
Charu does not agree to this.
How will you settle the dispute?
Answers
Answered by
0
Answer:
first take out the sum .......
Answered by
2
Answer:
Explanation:
Charu is correct as in the absence of partnership agreement, profits and losses are divided equally among partners.
The partners do not have a partnership deed so the provisions of the partners ship act 1932 will apply here and according to that profit will distribute equally .
Patnership deed is the patnership agreement between the partners of the firm which outlines the terms and conditions of the partnership between the partners. The purpose of a partnership deed is to provide clear understanding of the roles of each partner which ensures smooth running of the operations of the firm.
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