Question 10

If a partnership deed is silent on how profits are to be shared, partnerships share profits

  • A.in a ratio of the value of business secured by each partner for the partnership
  • B.in the ratio of proportions' capital contributions
  • C.in an equal proportion, irrespective of partners' capital contributions
  • D.according to duties performed by each partner
Objective

Question details

Exam body
OAU
Subject
Commerce
Year
2012/2013
Question no.
#10
Type
Objective

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