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You are getting ready to become a partner in an accounting partnership. Before you sign up, they tell you that they owe the bank $500,000
You are getting ready to become a partner in an accounting partnership. Before you sign up, they tell you that they owe the bank $500,000 on a building loan and are paying $100,000 on a malpractice claim of a partner not there anymore. These are called: O a. non-binding debts O b. non-inspiring debts c. antecedent debts O d. non-consequential debts Oe. subsequent debts
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