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If the deed is silent about salary will a partner get salary?

Answer and explanation

Correct answer: Will not get it

Direct answer: Option A, the partner will not get salary. A partner is an owner and normally works for the common business interest. Salary or remuneration to a partner is not automatically payable merely because the partner performs work. Step by step: check the deed; if it expressly allows salary, it may be provided according to its terms; if the deed is silent, no salary is allowed under the usual rule. Option A is correct. Option B is wrong because payment is not certain without an agreement. Option C is wrong because being a capital provider does not itself create a salary right. Option D is wrong because the title “manager” alone does not override the partnership agreement. This answer concerns salary to a partner, not wages paid to an outside employee. Memory cue: partner’s salary needs deed authority.

Related tags

Partner SalaryDeed ProvisionRule

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