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    Exam 37: A: Partnerships and Limited Liability Partnerships
  5. Question
    If the Partnership Agreement Does Not Apportion Profits,profits Are Shared
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If the Partnership Agreement Does Not Apportion Profits,profits Are Shared

Question 42

Question 42

True/False

If the partnership agreement does not apportion profits,profits are shared in the same proportion as a partner's investment of capital in the firm.

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