Where there is no partnership agreement, any contribution in excess of the agree capital attracts
A no interest at all
B interest at the rate of 212% per annum
C interest at the rate 5% per anuum
D interest at all
Answer is C
Do you need a better understanding of this subject?
Do you need assignment help or homework help, tips and expos on how to pass your exams excellently well? Then Click Here To Start.
This tutorial class is limited to 250 students only. JOIN OTHER STUDENTS HERE NOW
