Unless It Is Otherwise Agreed in the Articles of Partnership

question 94

Multiple Choice

Unless it is otherwise agreed in the articles of partnership, which of the following is true regarding the rights of partners to share in profits?

• A) All partners have a right to share profits equally.
• B) Partners share in profits in proportion to the amount of capital contributed to the partnership.
• C) Partners share in profits in proportion to the amount of work done for the partnership.
• D) Partners share in profits in proportion to their seniority with the partnership with partners of equal seniority sharing equally in profits.
• E) None of these. There is no partnership unless the articles of partnership specifically address the way in which profits are allocated.

Apply knowledge of climatic patterns to identify specific biomes in given geographic contexts.

Understand the principle of population control and factors affecting population size.

Grasp the effects of habitat fragmentation and dispersal methods on plant and animal populations.

Recognize different survivorship patterns and apply them to specific organisms.

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Definitions:

Groundwater

the water present beneath Earth's surface in soil pore spaces and in the fractures of rock formations.

Lakes

Bodies of freshwater or sometimes saline water occupying large depressions on the Earth's surface, often fed by rivers or streams.

Ice Caps

Large areas covered with ice that are smaller than ice sheets, found in polar and subpolar regions, significantly affecting the regional climate.

Groundwater

Water that fills the cracks and spaces in underground soil and rock layers, supplying wells and springs.