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NEW QUESTION: 1
Which of the following statements is correct regarding the division of profits in a general partnership when
the written partnership agreement only provides that losses be divided equally among the partners?
Profits are to be divided:
A. Based on the partners' participation in day-to-day management.
B. Based on the partners' ratio of contribution to the partnership.
C. Equally among the partners.
D. Proportionately among the partners.
Answer: C
Explanation:
Choice "c" is correct.
Rule: When the partnership agreement is silent as to how profits are to be divided, they are divided
equally. Note also that when the agreement is silent, losses are treated similar to profits, there is no
reverse rule that profits are treated like losses.
Choices "a", "b", and "d" are incorrect, per the above rule.

NEW QUESTION: 2

A. Option A
B. Option B
C. Option D
D. Option C
Answer: B,C

NEW QUESTION: 3
Which two steps must be completed to enable client-side data deduplication? (Choose two.)
A. The storage pool destination must be enabled for deduplication and have device type of File.
B. The server must allow client deduplication for the node.
C. The Deduplication ON option needs to be added to the dsm.opt or dsm.sysfile.
D. Deduplication for selected files must be specified on the include option in the client option file
E. The file must be smaller than 2K.
Answer: A,B