TCO C, D) In the absence of express agreement to the contrary, partners in a general...

TCO C, D) In the absence of express agreement to the contrary, partners in a general partnership _______________________ .

share profits and losses equally

share profits and losses in proportion to their equity investment

are liable for partnership obligations only to the extent of their investment in the partnership

share liability for partnership obligations in the same ratio that they share profits and losses

Expert Solution

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