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Commerce · Q699

Accounting

Graduate and Post Graduate · Commerce · question 699

Q699

As per Section 37 of the Indian Partnership Act 1932, the executors of a deceased partner would be entitled at their choice to the interest calculated from the date of death till the date of payment on the final amount due to the partner at . . . . . . . . per annum.

A.
12%
B.
10%
C.
6%
Answer
D.
5%

Answer: Option C

Solution

Answer: Option C
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