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
Answers
Answered by
2
Answer:
divided equally
Explanation:
In case of absence of any written agreement, contract law requires the profit or loss to be divided equally.
Answered by
0
Answer:
(D) Divided equally.
(D) Divided equally.
Similar questions
English,
4 months ago
Biology,
4 months ago
India Languages,
4 months ago
Science,
8 months ago
Environmental Sciences,
11 months ago
Social Sciences,
11 months ago
Biology,
11 months ago