Question:
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» a. right to avail interest on advances paid to partnership firm. |
| Note: |
The above multiple-choice question is for all general and Competitive Exams in India. |
