Question

If there is no provision in the partnership agreement, to what extent is the profit or loss shared between the partners?
a. In equal proportions
b. in proportion to the benefit
c. in proportion to the sacrifice
d. In proportion to the capital​

Answer 1

Answer:

(a) In equal proportions

Explanation:

In the absence of partnership deed, the profits and loss shared to be equal ratio.

Answer 2

Answer:

the profit and loss sharing ratio is equal.

Explanation:

a. in equal proportion is right answer