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    According to partnership act, if the deed is silent then the profit-sharing ratio will be : (Assuming there are only two partners)
    Question

    According to partnership act, if the deed is silent then the profit-sharing ratio will be : (Assuming there are only two partners)

    A.

    In partners’ capital ratio

    B.

    1 : 2

    C.

    2 : 1

    D.

    Equal

    Correct option is D

    According to the Partnership Act, if the partnership deed is silent on the profit-sharing ratio, profits are shared equally among partners. This default rule ensures fairness and simplicity in profit distribution when explicit terms are not provided.

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