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1. If a capital deficiency exists upon the liquidation of a partnership, what are two possible resolutions to the situation? 2. What is one thing

1. If a capital deficiency exists upon the liquidation of a partnership, what are two possible resolutions to the situation?

2. What is one thing that can cause partner ROE to increase?

3. Identify the primary advantages of the corporate form of business.

4. What four benefits do owners of common stock usually enjoy?

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