Examveda

Where the partnership business is carried on by the other partners after the outgoing of a partner, without a final settlement of accounts, under section 37 of the Act, the outgoing partner is entitled to a share of profits

A. In equal share with other partners

B. Proportionate to the share of assets

C. Higher than what he was getting when he was a partner

D. As decided by the partners

Answer: Option B


This Question Belongs to Law >> Indian Partnership Act

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