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Partnership income and losses are usually divided on the basis of interest, salaries, and stated ratios because Oa. it prevents arguments among the partners Ob.

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Partnership income and losses are usually divided on the basis of interest, salaries, and stated ratios because Oa. it prevents arguments among the partners Ob. it is simpler than following the legal rules Oc. this method reflects the amount of time devoted to the partnership by the partners d. partners seldom contribute time and resources equally

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