Which of the Following Is True of Profits and Losses

Multiple Choice

Which of the following is true of profits and losses in a general partnership?

A) The proportion of profit shared is equal to the general partner's initial investment.
B) Losses are shared equally by all general partners.
C) The general partner who proposed the idea of the business gets most profit.
D) The proportion of investment governs only the proportion of loss shared and not profit obtained.