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  3. Study Set
    Smith and Robersons Business Law
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    Exam 31: Operation and Dissolution of General Partnerships
  5. Question
    In a Partnership of Holly,Dolly & Molly,Holly Commits Fraud Which
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In a Partnership of Holly,Dolly & Molly,Holly Commits Fraud Which

Question 56

Question 56

True/False

In a partnership of Holly,Dolly & Molly,Holly commits fraud which creates a $9,000 liability to the partnership.If the three partners share profits and losses equally,Holly's liability to the partnership for her fraudulent act is $3,000.

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