Question

In the absence of Partnership Deed, partners are not entitled to:​

Answer 1

Required answer :

• Interest on loan and advances.
• their profit sharing ratio will be equal.
• they are not entitled for salary and commission.

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Answer 2

Answer:

in the absence of partnership deed partners are not entitled to

Explanation:

for interest on loans and advances

their profit sharing ratio will be equally

not entitled for salary and commission