Commerce
JAMB 1995
If a partnership deed is silent on how profits are to be shared, partners share profits
-
A.
in the ratio of the value of business secured by each partner for the partnership
-
B.
in the ratio of partner capital contributions
-
C.
in an equal proportion irrespective of partners's capital contributons
-
D.
according to duties performed by each partner
Correct Answer: Option C
Explanation
No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn, please
click here
Report an Error
Ask A Question
Download App
Quick Questions
Contributions ({{ comment_count }})
Please wait...
Modal title
Report
Block User
{{ feedback_modal_data.title }}