The payment is authorized by, and is in accordance with the term ofpar – McqOptions

MCQOPTIONS

1.	The payment is authorized by, and is in accordance with the term ofpartnership deed according to sec………….
A.	sec. 40(b)(ii)
B.	sec. 40(b)(iii)
C.	sec. 50(b)(ii)
D.	none of the above
Answer» B. sec. 40(b)(iii)

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