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Desolo Desolo
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10 years ago
How are profits and losses shared in the absence of a limited partnership agreement?
A) Profits and losses are shared equally among all partners.
B) Profits and losses are shared equally among general partners and unequally among limited partners.
C) Profits are shared equally among all partners, losses are shared based on the value of each partner's capital contribution.
D) Both profits and losses are shared on the basis of the value of each partner's capital contribution.

This is for my business law class, anything will help
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bbbbbb
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10 years ago
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Desolo Author
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#2
10 years ago
Thanks it was right
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