Question: Question 1 8 ( Mandatory ) ( 2 points ) Where there is no agreement to share profits in a partnership, but one partner has
Question Mandatory points
Where there is no agreement to share profits in a partnership, but one partner has devoted twice as much time to the partnership as the other over the course of the year, how are profits to be split?
In the ratio of time devoted to the partnership
Fairly, as determined by a court or other neutral party
The profits must remain in the partnership and not be distributed
Equally
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