If no provision is made in agreement regarding the duration of the partnership:
A) limited partnership
B) partnership at will
C) none
D) particular partnership
Correct Answer:
Verified
Q7: Loss on realization is distributed among partners:
A)according
Q8: Loss on realization is:
A)debited to partners capital
Q9: When all partners are insolvent creditors will
Q10: The persons who have entered into a
Q11: The persons who have entered into a
Q13: A person who declares by word of
Q14: A person who receives a share of
Q15: The agreement among partners which set out
Q16: Every partner has a right to be
Q17: For the firm interest on drawing is:
A)expense
B)income
C)liability
D)none
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