The following conditions on a ring R [with identity] are equivalent: (a) Every [unitary] R-module is projective.

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The following conditions on a ring R [with identity] are equivalent:

(a) Every [unitary] R-module is projective.

(b) Every short exact sequence of [unitary] R-modules is split exact.

(c) Every [unitary] R-module is injective.

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