Which of these is not a provision of the Partnership Act?
A) No person may be expelled from the partnership without the consent of all existing partners.
B) A partner is entitled to interest on money advanced to the partnership that is in addition to their original contribution.
C) Each partner is permitted to withdraw up to 20% of their capital per annum for personal use.
D) Partners are entitled to share equally in the capital of the partnership.

Question

Quizplus · Accepted Answer

The provision that each partner is permitted to withdraw up to 20% of their capital per annum for personal use is not part of the Partnership Act. The other options listed are provisions included in the Act.

Which of These Is Not a Provision of the Partnership