Nadir, Rehan, and Saqib have a written agreement to share profits 50:25:25. For the last two years, they distributed profits 70:15:15 without any objection. In year three, Saqib demands they return to the 50:25:25 ratio. Can the ratio be enforced as 70:15:15?

Correct answer: B) No, the ratio of 70:15:15 cannot be permanently adopted without the mutual consent of all partners to amend the deed.

Explanation

The rights and duties established by a contract can be varied by consent of all partners. Since Saqib is now objecting and relying on the written deed, the 70:15:15 variation lacks unanimous ongoing consent to be permanently binding.