Question

In the absence of partnership deed, profits are divided by partners in the ratio of.
a. capital
b. time devoted
c. equal
d. none of these
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Answer 1

Explanation:

) In the ratio of time devoted for the firm's business. (d) According to the managerial abilities of the partners. (b) Equally: According to partnership act 1932, in the absence of any partnership deed, profits of the firm are divided among the partners equally.

Answer 2

Answer:

equal Hope this helps u

Explanation:

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