Under the Revised Uniform Partnership Act $($RUPA$),$ when a partnership that has suffered losses winds up$,$

Multiple Choice

all third$-$party creditors are paid in full even if the partnership has no remaining assets $($which will, by necessity, require borrowing from a third party lender on behalf of the partnership$)$

unpaid third$-$party creditors are entitled to assume operation of the partnership if they determine in good faith that doing so will provide them with a reasonable opportunity to earn a return on their investment

all partnership creditors are paid first

all partners who have made loans to the partnership are paid in full before outside creditors receive anything