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6. Company B is a partnership business form of 3 persons in whole sale foodstuffs. The partners at the formation did not develop the agreement

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6. Company B is a partnership business form of 3 persons in whole sale foodstuffs. The partners at the formation did not develop the agreement between them regarding their profit sharing. Which of below scenario will not be suitable scenario for the Company B. (1 Point) a. Salaries are not allowed instead the Interest of capital will be equally distributed. b. Profit will be shared equally. O c. 5% will be provided to partners every year in case of partner lend the comping. d. Company shall follow the Partnership Act 1890. 7. Corporation A was suffering from continuous losses last 5 years and high litigation costs. This year the corporation nominated a trustee for its liquidation. Owners will not be liable to any creditors. Why? DS (1 Point) a. Because it is a separate legal lenity b. Because it can enter into contracts during its operation c. Because it can incur liability d. Because it can sue and can be sued

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