Sulaiman and Yousuf are partners who contribute in cash and Yousuf's contribution as land. If the contribution of Sulaiman undervalued then what will be the action decision of partners towards such contribution ? None of the options Sulaiman need not pay the undervalue Sulaiman's share of profit will be reduced Sulaiman need to pay the undervalue as contribution

Sulaiman and Yousuf are partners who contribute in cash and Yousuf's contribution as land. If the contribution of Sulaiman undervalued then what will be the action decision of partners towards such contribution ? None of the options Sulaiman need not pay the undervalue Sulaiman's share of profit will be reduced Sulaiman need to pay the undervalue as contribution

SWFT Comprehensive Volume 2019

42nd Edition

ISBN:9780357233306

Author:Maloney

Publisher:Maloney

Chapter21: Partnerships

Section: Chapter Questions

Problem 6BCRQ

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