Examlex
Teacher salaries are 70% of the cost of educating a sixth grader. The demand for teachers is most likely to be
Partnership Interest
An individual's or entity's ownership share in a partnership, reflecting the holder’s proportionate part of the partnership's profits or losses.
Disposal
The act of getting rid of something, especially by throwing it away or by selling or giving it to someone.
Guaranteed Payment
Payments made to a partnership's partner that are guaranteed without regard to the partnership's income.
Partnership Basis
The amount invested in a partnership by each partner, including cash, property, and the partner's share of partnership debt.
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