Multiple Choice Questions on In the absence of an express agreement as to who will contribute to new partners rsquo share of prof........... for Commerce 12th Preparation

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Multiple Choice Questions

In the absence of an express agreement as to who will contribute to new partners rsquo share of prof...........

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    In the absence of an express agreement as to who will contribute to new partners’ share of profi t, it is implied that the old partners will contribute :

    Equally

    Incorrect Answer

    In the ratio of their capitals

    Incorrect Answer

    In their old profit sharing ratio

    Correct Answer

    In the gaining ratio

    Incorrect Answer
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    Explanation:

    In their old profit sharing ratio

    By: santosh
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