Question : Assertion (A): Salary and commission are payable to the working partners for their efforts. Reason (R): No partner shall be paid such remuneration as salary, commission, etc. if the partnership deed is silent on such matter.
Option 1: Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A)
Option 2: Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of Assertion (A)
Option 3: Assertion (A) is true but Reason (R) is false
Option 4: Assertion (A) is false but Reason (R) is true
Correct Answer: Assertion (A) is false but Reason (R) is true
Solution : Salary and commission are not payable to the working partners for their efforts. No partner shall be paid such remuneration as salary, commission, etc. if the partnership deed is silent on such matter. Hence, the correct option is 4.
