What is the profit share of an industrial partner?Group of answer choicesEqual share as that of a capital partner½ share of a capital partnerJust and equitable share under the circumstancesShare which will be designated by the capital partnerNone of the above
Question
What is the profit share of an industrial partner?Group of answer choicesEqual share as that of a capital partner½ share of a capital partnerJust and equitable share under the circumstancesShare which will be designated by the capital partnerNone of the above
Solution
The profit share of an industrial partner is typically a "Just and equitable share under the circumstances". This is because an industrial partner contributes in terms of skills, expertise, and effort, rather than capital. The exact share can vary and is often determined based on the agreement between all partners.
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