A & B carry on a business as Partners. At the end of the year they earned a profit of Rs.64,000.B demanded a 60% share in profit as he devotes more time to the firm and A claims to be distributed equally. Partnership deed didn't mention any thing in this regard:
(a) B's claim is considered right
(b) A's claim is considered right
(c) They can appeal to law for solution
(d) Profit will be not distributed rather will be kept in reserve.
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Answer:
b
Explanation:
because they didn't mention any thing in this regard
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