Question

According to the Partnership Act, what are the mutual rights and liabilities of partners in the absence of a contract between them?

A Partners are entitled to receive remuneration for taking part in the conduct of the business
B Partners are not entitled to any interest on the capital subscribed by them
C Interest on the capital subscribed by a partner is payable only out of profits
D All partners are entitled to receive equal remuneration for their contributions
E All the above
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