MCQOPTIONS
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MCQOPTIONS
| 1. |
In the absence of Partnership agreement, the Partner has |
| A. | right to avail interest on advances paid to partnership firm. |
| B. | right to avail interest on advances paid to partnership firm provided there is profit. |
| C. | no right to avail interest on advances. |
| D. | right to avail interest on advances even after dissolution of the firm. |
| Answer» B. right to avail interest on advances paid to partnership firm provided there is profit. | |