The Basis on Which Profits and Losses Are to Be

question 65

Multiple Choice

The basis on which profits and losses are to be shared between partners is

• A) a matter of agreement between the partners.
• B) the same as their investment ratio.
• C) the same as their withdrawal ratio.
• D) always equal between all partners.

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Definitions:

Helping Behaviors

Refers to actions taken to benefit another person or group without expecting anything in return.

Drive-Reduction Theory

A theory in psychology that explains motivation as being rooted in the desire to reduce internal tensions caused by unmet biological needs.

Internal Tension

Psychological stress or discomfort that arises from conflicting beliefs, thoughts, or feelings within oneself.

Unmet Biological Needs

Basic physiological requirements including food, water, shelter, and warmth that are not adequately satisfied, impacting overall health and well-being.