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Question 5 Not yet answered Marked out of 100 Flag question Which of these items, as stated in the Partnership Act 1961, are applicable when
Question 5 Not yet answered Marked out of 100 Flag question Which of these items, as stated in the Partnership Act 1961, are applicable when there is no agreement in a partnership? L Profits or losses are divided equally. Hi. Interest of 8% on authorized capital. ii. No interest on loan. iv. No payment of salary or remuneration to partners. V. No interest on capital Select one: Answers (1). (iv) and (v) above. Answers (1.01) and (ii) above. Answers (0), (i) and (iv) above. All the above answers
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