

MCQOPTIONS
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1. |
In the absence of an agreement to the contrary, the partners are entitled to ________ interest on loans to the firm, ________. |
A. | 6%; only when there are profits |
B. | 9%; only when there are profits |
C. | 6%; whether or not there are profits |
D. | 9%; whether or not there are profits |
Answer» D. 9%; whether or not there are profits | |