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Andrew, Ben and Cynthia are partners who own a bakery. Andrew’s contribution to the partnership is his labour and his skills to decorate wedding cakes. Ben contributed a sum of money, whilst Cynthia works full-time in the bakery as a manager. The partnership made a small profi t last year but the partners are unable to agree on how to distribute it.Required:Advise the partners on the validity of the agreement and the distribution of profi ts. (10 marks)

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