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Noncumulative pari passu distribution refers to: (A) The payment of dividends by S-corps (B) A preferred payment received by money partners and operating partners (C)

Noncumulative pari passu distribution refers to:

(A) The payment of dividends by S-corps

(B) A preferred payment received by money partners and operating

partners

(C) Payments distributed when the enterprise has negative cash flows

(D) The difference in payments received by partners and the payments received by bondholders

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