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You Invested $80,000 into a Consulting Partnership and Have a 50

Question 74

Multiple Choice

You invested $80,000 into a consulting partnership and have a 50% stake in the business. Your partner didn't invest anything, but brings management expertise to the business. After a year, the business racks up $100,000 in debts and must close down. Based on this information, what is the total personal loss for you and your partner in the business?


A) $40,000
B) $80,000
C) $100,000
D) $180,000

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