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The Unitas, Ditka, and Halas partnership is terminated when the claims of company creditors exceed partnership assets by $50,000. The original claims of the creditors
The Unitas, Ditka, and Halas partnership is terminated when the claims of company creditors exceed partnership assets by $50,000. The original claims of the creditors were negotiated by Ditka and Halas. Which partner(s) is (are) personally and individually liable for all partnership liabilities?
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Federal Taxation 2016 Comprehensive
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