Multiple Choice
Which of these is not a provision of the Partnership Act?
A) No person may be expelled from the partnership without the consent of all existing partners.
B) A partner is entitled to interest on money advanced to the partnership that is in addition to their original contribution.
C) Each partner is permitted to withdraw up to 20% of their capital per annum for personal use.
D) Partners are entitled to share equally in the capital of the partnership.
Correct Answer:
Verified
Correct Answer:
Verified
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