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Unless otherwise provided in the Partnership Agreement, the default Distribution rule for Limited Partnerships is ___________. Distributions of profits are equal for each partner Distributions
Unless otherwise provided in the Partnership Agreement, the default Distribution rule for Limited Partnerships is ___________."
| Distributions of profits are equal for each partner | ||
| Distributions are allocated on the basis of the value of the contributions made by each partner | ||
| Distributions are allocated based upon who worked the most for the partnership | ||
| There is no dafault rule for Limited Partnerships |
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