Social Sciences, asked by vamshikundelllaGmail, 3 months ago

comment profit or loss dividing a country​

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Answered by nikhil8239
10

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According to Partnership Act 1932, in the absence of any agreement between partners , profit and loss must be shared equally , regardless of the ratio of the partners investments . If the partnership agreement specifies how profits are to be shared , losses must be shared on the same basis as profits . Otherwise there will be disagreements and quarrels among the partners.

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Answered by mohammedsofi190
4

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