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The deed is silent and partners worked for unequal time. How will remaining profit generally be shared?

Answer and explanation

Correct answer: Equally

When the partnership deed does not state a different arrangement, the default rule is that partners share profits equally. This rule is based on the partnership agreement and applicable partnership law, not on the number of hours each partner works. Unequal working time by itself does not create a different profit-sharing ratio.

Therefore, even if one partner worked for more months or spent more time in the business, the remaining profit is generally divided in equal shares when the deed is silent. A different ratio could apply if the partners had expressly agreed to one in the deed or through a valid arrangement. Capital contributed and drawings also do not automatically determine the ratio. Hence option A is correct.

Related tags

Deed SilentEqual SharingAdjustment

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