A Loan Made by a Partner to a Partnership Business

question 66

Multiple Choice

A loan made by a partner to a partnership business is:

• A)a part of partnership capital.
• B)a part of the partnership's assets.
• C)a liability of the partnership business.
• D)a partner's contribution to the partnership business.

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Definitions:

Unwarranted Feelings

Emotions that arise without a direct, justified cause or are disproportionate to the situation.

Unconditional Positive Regard

An attitude of total acceptance and support toward another person, regardless of their actions or feelings.

Self-insight

The understanding and awareness an individual has of their own personality traits, behaviors, and feelings.

Psychodynamic Therapy

A type of depth psychology aimed at uncovering the unconscious aspects of a client's mind to reduce psychic tension.