In the Absence of a Specific Provision in a General

question 17

Multiple Choice

In the absence of a specific provision in a general partnership agreement,partnership losses will be allocated:

• A)equally among the partners irrespective of the allocation of partnership profits.
• B)in the same proportion that profits are shared.
• C)in proportion to the partners' capital contributions.
• D)in proportion to the partners' capital contributions and outstanding loan balances.

---

Definitions:

Biopsychosocial Model

An interdisciplinary model that looks at the interconnection between biology, psychology, and socio-environmental factors in understanding health and illness.

Diathesis-Stress Model

A psychological theory that explains behavior as a predispositional vulnerability together with stress from life experiences.

Medical Model

A framework for understanding diseases and disorders by focusing on biological factors and excluding psychological, environmental, and social influences.

Demonological Model

A belief system that ascribes physical and psychological phenomena to the actions of supernatural beings or forces, historically used to explain diseases or behaviors.