Question

According to the decision given in the case of Garner

vs. Murray, solvent partners have to bear the loss due to insolvency of a partner and have to categorically put that the normal loss on realization of assets to be borne by all partners (including insolvent partners) in the ______ but a loss due to insolvency of a partner has to be borne by the solvent partners in the ______.

A Equal ratio, Equal ratio

B Capital ratio, Equal ratio

C Equal ratio, Capital ratio

D Profit sharing ratio, Capital ratio

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