Which of These Is not a Provision of the Partnership

question 23

Multiple Choice

Which of these is not a provision of the Partnership Act?

• A)Partners are entitled to share equally in the partnership profits
• B)A partner is not entitled to interest on the capital subscribed by him/her
• C)No person may be introduced as a partner without the consent of all existing partners
• D)Each partner is allowed to withdraw a maximum of10% of their capital per annum

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Definitions:

Medulla

A part of the brainstem that controls vital body functions such as heart rate, breathing, and blood pressure.

Corpus Callosum

The large band of neural fibers connecting the two hemispheres of the brain, facilitating interhemispheric communication.

Pons

A part of the brainstem that plays a key role in controlling arousal, sleep, breathing, and relaying sensory information between the cerebrum and cerebellum.

Cerebellum

A part of the brain located at the back of the skull, important for coordinating movement and balance.