Astrid and Razi formed a partnership in which they agree to share profits 60 percent to Astrid and 40 percent to Razi.Losses will be shared
A) equally, unless otherwise agreed.
B) 60 percent to Astrid and 40 percent to Razi, unless otherwise agreed.
C) according to their capital contributions to the partnership.
D) in whatever proportion provides the greatest tax advantage for the partners that year.
Correct Answer:
Verified
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