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Two partners agree to share gains based on the following75% to Partner A and 25% to Partner B. They do not agree on how to
Two partners agree to share gains based on the following75% to Partner A and 25% to Partner B. They do not agree on how to share losses. The law will determine that losses are shared in which of the following manners?
Partner A 75%; Partner B 25%
Based on capital balances
Partner A 50%; Partner B 50%
Partner A 25%; Partner B 25%
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