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Partners of a partnership firm are not entitled to which of the following in the absence of partnership deed?

33. Partners of a partnership firm are not entitled to which of the following in the absence of partnership deed?

  1. Equal share in profits
  2. 10 % Commission
  3. No salary or commission
  4. Interest on Drawings

Answer: C) No salary or commission

Explanation:

Since there is no written agreement between the partners in the partnership firm therefore any of the partners are not entitled to salary or commission.

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