The global economy continues along its low-growth path, but there are a
number of bright spots. In the U.S., despite the political uncertainty, a
strengthening consumer is driving strongerr growth. A large fiscal
stimulus under the new administration could well provide another boost
to the U.S. economy. And in many emergingg marketss the rebound that began
in 2016 appears to have momentum, supported by higher commodities
prices and structural reforms. Europe remains challenged by uncertainty
about the future of the European Union, low growth and high
unemployment.
Answer:
2) all of the partners in proportion to their shares of the profits
Explanation:
Partnership refers to a mutual agreement between two or more individuals, deciding to carry on a business and share it's risks and rewards in the profit sharing ratio as stipulated, or as provided in the partnership deed.
Upon retirement or death of any of the partners, the partnership is said to have been dissolved. Upon dissolution, the profits and losses arising consequently shall be shared by the remaining partners in their profit sharing ratio. A firm may decide to voluntarily dissolve too.
In the given case, upon dissolution, liabilities exceed assets and thus indicate a loss.
This loss shall be borne by all of the partners in their profit sharing ratio and not in the ratio of their capitals.
