Question

Partners share Profit & Losses in ____________ ratio in the absence of partnership deed ​

Answer 1

Answer:

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

Answer 2

Answer:

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 .

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