Question: When a partner is unable to pay a capital deficiency: Multiple Choice The partnership ends before distribution of cash. The partner must take out a
When a partner is unable to pay a capital deficiency:
Multiple Choice
The partnership ends before distribution of cash.
The partner must take out a loan to cover the deficient balance.
The remaining partners must wait for the deficiency to be paid before cash is distributed.
The partner is forced to work for free.
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