Question

A entered into partnership agreement with B, in which A makes an advance to the firm in addition of his capital to be contributed by him, after dissolution of firm : (a) A is not entitled to claim interest on his advances (b) After dissolution of firm A’s right is retained to his capital only not to advances (c) A will be entitled to interest till firm earn profits (d) A is entitled to claim interest till the date of dissolution

Answer 1

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anSwer

A entered into partnership agreement with B, in which A makes an advance to the firm in addition of his capital to be contributed by him, after dissolution of firm

» A will be entitled to interest till firm earn profits✔

Answer 2

=> A will be the entitled to interest till firm earn points