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1: According to the decision in Garner vs. Murray, in the absence of any agreement to the contrary, the deficiency of the insolvent partner must be borne by other solvent partners in proportion to
A.

Profit and loss sharing ratio
B.

Capital ratio
C.

Their initial capital invested in the firm
D.
Capital which stood before dissolution of the firm.
 

Answer : D

Explanation :

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Option: A

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