Under general circumstances, debt is allocated from the partnership to each partner in the following manner: A. Recourse - profit sharing ratios; nonrecourse - profit sharing ratios B. Recourse - capital ratios; nonrecourse - capital ratios C. Recourse - to partners with the ultimate responsibility for paying the debt; nonrecourse - profit sharing ratios D. Recourse - profit sharing ratios; nonrecourse - to partners with the ultimate responsibility for paying the debt

Recourse - to partners with the ultimate responsibility for paying the debt; nonrecourse - profit sharing ratios

Explanation:

A partnership is defined as an agreement where two or more parties decide tooversee that activities of a business and share the profit and loss realised. It is common for professionals such as doctors and lawyers to form partnerships.

Recourse debt is defined as the portion of loss realised by the business that is borne by each of the partners. Partners with ultimate responsibility bears the debt.

However nonrecourse items such as loans are shared among partners on the basis of profit sharing ratio

trade allows people to focus on one kind of production and trade for their other needs. ( d.)

the most important factor in the

work process or industry is to retain the interest of the employee. and to

retain them, their salary or profit must be adjusted to the best value. unless

the employee does not do his job properly, employees must receive bonuses or

benefits to ensure them to stay in the company. it will actually make them stay

longer, make them feel important and reduce costs for hiring new employees.

explanation:

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