A partner's ________ is her share of the ________ plus any ________,which is any remaining funds after dissolution.
A)vested property right;profits;surplus
B)economic interest;profits and losses;surplus
C)property;surplus;losses
D)economic interest;surplus;vested property rights

Question

Quizplus · Accepted Answer

The partner's economic interest includes her share of the profits and losses, as well as any remaining funds after dissolution (surplus). This is different from vested property rights, and the choice of "property" and "losses" in option C is inaccurate. Option D includes "vested property rights" but does not include the share of profits and losses. Therefore, option B is the most accurate choice.

A Partner's ________ Is Her Share of the ________ Plus

A Partner's Is Her Share of the Plus