AshikaKnowledge Contributor
In the absence of an agreement to the contrary, the partners are(1) Entitled for 6% interest on their capitals, only when there are profits(2) Entitled for 9% interest on their capitals, only when there are profits(3) Entitled for interest on capital on the bank rate, only when there are profits(4) Not entitled for any interest in their capitals
In the absence of an agreement to the contrary, the partners are(1) Entitled for 6% interest on their capitals, only when there are profits(2) Entitled for 9% interest on their capitals, only when there are profits(3) Entitled for interest on capital on the bank rate, only when there are profits(4) Not entitled for any interest in their capitals
Not entitled for any interest in their capitals