question_answer

Divij and Ayaan entered into a partnership to float M/s Sunrise Enterprises, by writing a partnership deed. Divij has invested more capital than Ayaan and also spends more time in managing the business. Divij demands that he should be given 75% of profit instead of 50% as agreed. Is the claim of Divij correct? *You are advised to attempt this sample paper without referring the answers given here. However cross check your answers With the answers given at the end after you complete the paper.

Answer:

No, the claim of Divij is not correct, he shall be paid share in profits as per the partnership deed.