Question : In the absence of an agreement, partners are entitled to

Option 1: Salary

Option 2: Commission

Option 3: Interest on loans and advances

Option 4: Profit share in capital ratio

Question : In the absence of partnership deed, partners are entitled to get:

Option 1: salary

Option 2: commission

Option 3: equal share in profit

Option 4: profits in capital ratio

Question : In the absence of agreement, partners are not entitled to:

Option 1: Salary 

Option 2: Commission 

Option 3: Equal share in profit 

Option 4: Both (1) and (2) 

Question : A and B are Partners in a firm. They are entitled to interest on capital, but if the net profit is not sufficient for this interest, then the net profit will be distributed among partners in

Option 1: Agreed ratio

Option 2: Profit sharing ratio

Option 3: Capital ratio

Option 4: Equally

Question : A and B are Partners in a firm. They are entitled to interest on capital, but if the net profit is not sufficient for this interest, then the net profit will be distributed among partners in

Option 1: Agreed ratio

Option 2: Profit sharing ratio

Option 3: Capital ratio

Option 4: Equally