Question

what rules of partnership apply in the absence of partnership deed?​

Answer 1

Here is ur answer:

Rules Applicable in the Absence of an Agreement. Under the Partnership Act, 1932 the following rules will be applicable in the absence of an agreement among the partners: Profit or losses of the firm will be shared equally by the partners.(section 13) Interest on capital will not be allowed to any partner.

Hope its help u

and so very bad feeling

mark on brainlist

Answer 2

Step-by-step explanation:

Absence of a Partnership Deed

• The partners will share profits and losses equally.
• Partners will not get a salary.
• Interest on capital will not be payable.
• Drawings will not be chargeable with interest.
• Partners will get 6% p.a. interest on loans to the firm if they mutually agree.