Regarding the rights of partners to share in profits, if the partnership agreement does not establish how
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Regarding the rights of partners to share in profits, if the partnership agreement does not establish how the partnership will distribute profits, ________blank. Group of answer choices distribution of profits is suspended until a court can determine the proper distribution amount partners share in profits in proportion to their status as senior or associate professional within the partnership partners share in profits in proportion to the amount of capital they contributed to the partnership all partners have a right to a share in the profits equally the court will recognize a partnership by estoppel
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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