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For the following conversion, identify if the starting material has been oxidized, reduced or neither.
Partnership Losses
Financial deficits incurred by a partnership due to its business operations, shared among its partners according to their agreement.
Winding Up
The process of dissolving a company, including settling its debts and distributing any remaining assets to shareholders.
Dissolution
The process of formally ending or closing down a business or partnership.
Existing Contracts
Agreements that are currently in effect and have been established or agreed upon in the past between parties.
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