Question

State the two circumstances under
which Rule of Garner vs. Murray
can not be applied. State the basic
presumption in
Maximum Loss Method and
Proportionate Capital Method of
Piecemeal Distribution among the
partners. When is it equitable to
distribute cash among the partners
in their profit sharing ratio without
following Maximum Loss Method
/Proportionate Capital Method
of Piecemeal Distribution among
the partners ?
4​

Answer 1

Explanation:

tryrry to get a new one and only then did not have to