In the absence of an agreement to the contrary, it is implied that old partners will contribute to new partners share of profit in the ratio of

In the absence of an agreement to the contrary, it is implied that old

1.	In the absence of an agreement to the contrary, it is implied that old partners will contribute to new partners share of profit in the ratio of
A.	capital
B.	old profit sharing ratio
C.	sacrificing ratio
D.	equal proportion
Answer» C. sacrificing ratio

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In the absence of an agreement to the contrary, it is implied that old partners will contribute to new partners share of profit in the ratio of

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