Each partnership in a general partnership always shares equally with every other partner in the profits and losses of the business.

Name: Each partnership in a general partnership always shares equally with every other partner in the profits and losses of the business.
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In a general partnership, the division of profits and losses can be determined by the partnership agreement, and partners can agree to share them unequally based on various factors such as capital contribution, effort, or agreement.

Each Partnership in a General Partnership Always Shares Equally with Every