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TOPIC: Partnership, Revised Corporation an Cooperative Law A, B, C and D are partners in a partnership having a capital of P4,000.00. A, B, and

TOPIC: Partnership, Revised Corporation an Cooperative Law

  1. A, B, C and D are partners in a partnership having a capital of P4,000.00. A, B, and C are general partners while D is an industrial partner. The exact contributions of the partners are not known and they did not agree as to the sharing of profits and losses. Under the set of facts given, how would the partners share in the profits and losses? Explain.

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