If Partner X Has a Debit Balance in Capital and the Partnership

question 35

Multiple Choice

If partner X has a debit balance in capital and the partnership is dissolving which of the following statement would be true:

• A)​Partners who absorb debit balance have claims against partner X
• B)​Remaining partners discount Partners X profit/loss ratio in dissolution
• C)Only the remaining partner with the highest capital balance will have a legal claim against partner X​
• D)All of the above​

---

Definitions:

Developing Markets

Those markets in countries that are in the process of rapid industrialization, offering growth opportunities but also posing risks due to their emerging nature.

Omni-Channel

A multi-channel approach to sales that seeks to provide customers with a seamless shopping experience whether they are shopping online from a mobile device, a laptop, or in a brick-and-mortar store.

Supply Chain Networks

The interconnected systems and processes of organizations involved in producing and delivering products or services from suppliers to end customers.

Supply Chain Analytics

The use of data analysis tools and methodologies to improve supply chain operations, efficiency, and decision-making processes.