What is the preferred method of resolving a partner's deficit

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what is the preferred method of resolving a partner's deficit balance, according to the uniform partnership ACT?this question is part of advantages and disadvantages of business partnership!

deltzx301 · Accepted Answer

The partner with a deficit balance contributes personal assets only if those personal assets exceed personal liabilities.

What is the preferred method of resolving a partner's deficit balance, according to the Uniform Partnership Act?

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