Question: 1 4 . For your answer, list each letter a through d then type true or false after each. a .

14 .

For your answer, list each letter

"

"

through

"

"

then type

true

false

after each.

.

A partnership is insolvent and a partner has a deficit capital balance, that partner is legally required to declare personal bankruptcy.

.

A partnership is insolvent and a partner has a deficit capital balance, that partner is legally required to initiate legal proceedings against the partnership.

.

A partnership is insolvent and a partner has a deficit capital balance, that partner is legally required to contribute cash to the partnership.

.

A partnership is insolvent and a partner has a deficit capital balance, that partner has no legal responsibility to cover the capital deficit balance.

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