Question: 1. The installment liquidation process uses a worst-case assumption in computing the payments to partners. What does the worst-case assumption mean? 2. Why is the

1. The installment liquidation process uses a worst-case assumption in computing the payments to partners. What does the worst-case assumption mean? 2. Why is the partnership form of business organiza...

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The installment liquidation process uses a worst-case assumption in computing the payments to partners. What does worst-case assumption mean?

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