Where there is no partnership agreement exists between partners, what will be the profit sharing ratio between the partners?

Equal

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Unequal

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It will depend on partner`s capital

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It will depend on experience.

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Solution

The correct option is D
It will depend on experience.

Where there is no partnership agreement that exists between partners, the profit sharing ratio between the partners shall be equal.

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Where there is no partnership agreement exists between partners, what will be the profit sharing ratio between the partners?

The correct option is D It will depend on experience. Where there is no partnership agreement that exists between partners, the profit sharing ratio between the partners shall be equal.

The correct option is D
It will depend on experience.

Where there is no partnership agreement that exists between partners, the profit sharing ratio between the partners shall be equal.