Which of the following statements is true

regarding the division of profits and losses

in a partnership?

a.All partnership profits and losses must be

split among the partners based on the rules

included in the Uniform Partnership Act.

b.The Uniform Partnership Act must be used for

all partnerships.

c.If a written partnership agreement exists, partners have the right to distribute profits and

losses in any way to which they agree.

d.The Uniform Partnership Act dictates that all

partnerships must share profits and losses

equally among all partners.