Where there is no agreement to share profits in a partnership, but one partner has devoted twice
as much time to the partnership as the other over the course of the year, how are profits to be
split?
A) Equally
B) In the ratio of time devoted to the partnership
C) Fairly, as determined by a court or other neutral party
D) In accordance with which partner earned them
E) The profits must remain in the partnership and not be distributed
A
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Indicate whether the statement is true or false
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Indicate whether the statement is true or false
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