A partner's profit-sharing, loss-sharing, and capital-sharing ownership percentages are the same.

Name: A partner's profit-sharing, loss-sharing, and capital-sharing ownership percentages are the same.
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Quizplus · Accepted Answer

While it's common for a partner's profit-sharing, loss-sharing, and capital contribution percentages to be the same, they can be different based on the partnership agreement. The specific percentages are determined by what the partners agree upon and document in their partnership agreement.

A Partner's Profit-Sharing, Loss-Sharing, and Capital-Sharing Ownership Percentages Are the Same