In a general partnership,all partners are guaranteed an equal share of the firm's profits.

Name: In a general partnership,all partners are guaranteed an equal share of the firm's profits.
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In a general partnership, profit sharing is agreed upon in the partnership agreement and may not necessarily be equal among partners. It can depend on various factors such as the amount of capital contributed, the responsibilities of each partner, and the agreement between the partners.

In a General Partnership,all Partners Are Guaranteed an Equal Share