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Q. X and Y agree to divide the profits of a business in equal shares but the loss if any is tobe borne by X only. The partnership agreement is (Solved)
1. void
2. voidable
3. lawful
4. illegal
c. lawful
Related Topics
→ Fundamentals of Management
→ Fundamentals of Economics
→ Direct Taxation
→ Fundamentals of Laws and Ethics
→ Fundamentals of Economics and Management
→ Fundamentals of Business Statistics
→ Fundamentals of Law
→ Cost and Management Accounting and Financial Management
→ Fundamentals of Costing
→ Fundamentals of Business Mathematics
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