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Sticky Note
If partners do not have any agreement, how should profits or losses be shared?
اگر شراکت داروں کا کوئی معاہدہ نہیں ہے تو منافع یا نقصان کو کس طرح بانٹنا چاہیے؟
  1. In the ratio of the partners individual capitals
  2. In proportion to the amount of time that the partners work
  3. Equally after interest has been allowed on capital
  4. Equally
Explanation

If partners do not have any agreement, profits or losses should be shared equally.

In the absence of a partnership agreement, the default legal rule is to divide profits and losses equally among the partners.

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