In the absence of an agreement among the partners A) interest is allowed on capital investments. B)

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In the absence of an agreement among the partners

A) interest is allowed on capital investments.

B) interest is charged on partners’ drawings.

C) interest is allowed on advances to the firm made by partners beyond agreed investments.

D) compensation is allowed partners for extra time devoted to the partnership.

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Derivatives Markets

ISBN: 9789332536746

3rd edition

Authors: Robert McDonald

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Posted Date: Jan 08, 2021 03:43 AM

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In the absence of an agreement among the partners A) interest is allowed on capital investments. B)

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Partners are paid 6 of the advances to the firm beyond the agree... View the full answer

Derivatives Markets

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