Susan and Mark form a general partnership. Susan contributes $9,000 as her capital contribution, and Mark contributes
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Susan and Mark form a general partnership. Susan contributes $9,000 as her capital contribution, and Mark contributes $1,000. They do not create a partnership agreement. If the partnership earns $100,000 in profits the first year, Mark will be legally entitled to:
a. $50,000.
b. $10,000.
c. $90,000.
d. $1,000 plus interest.
e. $100,000.
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Related Book For 
Business Law And Strategy
ISBN: 9780077614683
1st Edition
Authors: Sean Melvin, David Orozco, F E Guerra Pujol
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