Question

17. If there is no partnership
agreement and the firm incurs
a loss, the loss should be
(1). divided in proportion to the
capital invested
(2). borne by the partner with
highest capital
(3). borne by the manager of the firm
(4). divided equally

please help fast​

Answer 1

Answer:

divided equally

Explanation:

In case of absence of any written agreement, contract law requires the profit or loss to be divided equally.

Answer 2

Answer:

(D) Divided equally.

(D) Divided equally.