A Distribution in a Partnership May Be

question 24

Multiple Choice

A distribution in a partnership may be:

• A)a payment made to compensate a partner for services rendered to the partnership.
• B)a division of profits.
• C)repayment of a loan to a partner.
• D)All of these.

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Definitions:

Savant Syndrome

A condition where someone with significant mental disabilities demonstrates profound and prodigious capacities or abilities in limited areas.

Emotional Intelligence

The ability to be aware of, control, and express one's emotions, and to handle interpersonal relationships judiciously and empathetically.

Divergent Thinking

A thought process or method used to generate creative ideas by exploring many possible solutions.

Emotional Intelligence

The capacity to be aware of, control, and express one's emotions, and to handle interpersonal relationships judiciously and empathetically.