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Ten years ago, Tad and Tori created a partnership. At that time, Tad contributed $ 4 0 0 0 0 0 in property and Tori

Ten years ago, Tad and Tori created a partnership. At that time, Tad contributed $400000 in property and Tori contributed $600000 in cash as capital for the partnership. Two years later, Tori provided $300000 to the partnership as an interest-free loan. That loan has not yet been repaid. During the entire life of the partnership, Tori performed approximately 60 percent of the partnership's work, while Tad tended to devote much of his time to various charitable causes that were unrelated to the partnership. The partnership has now been dissolved. Sale of the partnership assets produced a fund of $1.2 million. It is necessary to spend $200000 on debts that the partnership still owes to various creditors. Assuming that the parties have not replaced or modified the default rules applicable to their partnership,
Question 12Select one:
A.
A judge will consider all of the circumstances and then exercise a discretion to determine how much each party is entitled to receive.
B.
Tori will receive $800000.
C.
Tori will receive an amount equal to her original contribution and repayment of her loan.
D.
Tad and Tori will receive the same amount.
E.
Tori will receive an amount that reflects the fact that she performed 60 percent of the partnership's work.

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