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4 votes
In a general partnership if ones partners actions cause the firm losses then

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User Tibi
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2 Answers

6 votes

Answer:

All of the partners are responsible

Step-by-step explanation:

answered
User Nicolas Trahan
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3 votes
If a partnership is formed and one partner causes losses then both sides suffer.

Think of it like sharing a toy. If two kids are sharing a toy and one breaks the toy, then neither can use it. It's similar in this manner that if one partner makes a mistake then the entirety of the firm will suffer losses on both sides.
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User Flopic
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