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Which is not true? a. The industrial partner should not be sharing in the profits of the partnership if he is receiving a separate salary.
Which is not true? a. The industrial partner should not be sharing in the profits of the partnership if he is receiving a separate salary. b. Salaries to partners and interest on capital can be a way of dividing the net income of the partnership. C. A person who is not receiving a share in the profit of a partnership is not a partner, d. A partnership can have no stated agreement on how to divide losses
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