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Question
Carol is the only general partner in ABC Limited Partnership. She contributes $50,000 in capital. Wayne and Hosek are the only limited partners. Wayne contributes $25,000 in capital, and Hosek contributes $25,000 in capital. ABC suffers a loss of $5,000. What is Hosek's share of the loss?
A. $1,250
B. $2,500
C. $5,000
D. $0
Answer
This answer is hidden. It contains 317 characters.
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