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Which of the following is correct with respect to rights of partners in a partnership unless they have agreed to otherwise? a. All ppersonal expenses
Which of the following is correct with respect to rights of partners in a partnership unless they have agreed to otherwise?
a. All ppersonal expenses not related to the business incurred by the partners in the course of business are reimbursed
b. Partners that have contributed the largest capital amount are the only ones who have a right to share in the management.
c. A major decision can be taken without a majority vote agreement of all the partners.
d. All profits are shared equally between the partners
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