In the absence of partnership agreement, a loan by a partner attracts interest at
A
20%
B
5%
C
10%
D15%
Answer is B
In the absence of no specific agreement, a loan by a partner attracts interest at 5% interest
Tutors, Past Questions and Projects.
In the absence of partnership agreement, a loan by a partner attracts interest at
A
20%
B
5%
C
10%
D15%
Answer is B
In the absence of no specific agreement, a loan by a partner attracts interest at 5% interest