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Assertion: A and B, the partners of a firm want to share profit of a firm equally.Reason: They can share profit of the firm equally if they do not have Partnership Deed. a) Assertion is wrong but Reason is correct. b) Assertion is correct but Reason is wrong. c) Both assertion and reason are correct. d) Both assertion and reason are wrong. |
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Answer» Correct option is c) Both assertion and reason are correct |
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