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Nataly [62]
3 years ago
6

Energy Unlimited, LP, is a limited partnership to which its partners, including Fink, have contributed capital. Energy's credito

rs include Grave Engineering, Inc. On Energy's dissolution, its assets will be distributed to pay:
a. Fink and Grave proportionately.
b. Fink first.
c. Grave first.
d. neither Fink nor Grave.
Business
1 answer:
fenix001 [56]3 years ago
4 0

Answer: c. Grave first

Explanation:

In dissolving a limited partnership business all creditors are paid first.

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Revenue               2,480,000             100                  100%

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Admin expenses     198400                  8                       7

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