Multiple Choice
Which of these is not a provision of the Partnership Act?
A) No person may be introduced as a partner without the consent of all existing partners.
B) Each partner is allowed to withdraw a maximum of 25% of their capital per annum.
C) A partner is not entitled to interest on the capital subscribed by him/her.
D) Partners are entitled to share equally in the partnership profits.
Correct Answer:
Verified
Correct Answer:
Verified
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