Question

what rules of partnership apply in the absense of partnership deed???

short type answer.......❤❤❤
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Answer 1

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.

Answer 2

Answer:

same

Explanation:

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