Question

27. X and Y are partners of a partnership firm. They have not prepared partnership deed. There is difference of opinion between the partners. Please give legal advice to the partners X demands 6 % pa interest on drawings of partners. (2) Y is an active partner of the firm. He claims for remuneration and commission, (3) X demands interest on capital of partners. (4) X has lent loan of 20,000 to the firm. He demands interest on loan (5) Firm has lent loan of 25,000 to Y. X demands to charge interest on the loan. (6) X demands to share profit between the partners in the proportion of capital. Harpal and Chiray are the nartner 00 000 and ? 1,00,000​

Answer 1

Answer:

your answer is in the attachment

Answer 2

the study or principles of the way money, business and industry are organized