The Good Times limited partnership has already seen all of its good times pass by.Its partnership agreement set the order of distribution as first to general partners,second to creditors,last to limited partners.Assuming there were no further details in the agreement,explain in detail the priority of distribution.

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The Answer of The Good Times limited partnership has already seen all of its good times pass by.Its partnership agreement set the order of distribution as first to general partners,second to creditors,last to limited partners.Assuming there were no further details in the agreement,explain in detail the priority of distribution.

The Good Times Limited Partnership Has Already Seen All of Its