Zenzo, Zella and Zinzi Wish to Form a Partnership

Multiple Choice

Zenzo, Zella and Zinzi wish to form a partnership.Zenzo is putting up 60% of the capital; Zella is putting up 40%, and Zinzi is putting in no capital but will manage the business.In the absence of a provision in the partnership agreement, how will the liability and profits be distributed?

A) According to the input of capital.
B) According to the amount of work each does in the business.
C) Equally.
D) According to the laws of the state where the partnership is formed.