Does Partner B get any of the losses (assuming there's a net loss)?

Sept 2016, two people enter into a partnership and start a business. The partnership agreement states profits/losses will be split 50/50. Partner A contributes everything and does all the work. Meanwhile Partner B contributes nothing and does nothing. Partner B ultimately backs out of the partnership. Year end closes. Does Partner B get to recognize any of the losses (assuming there's a net loss)?
ryrytheguy
Asked Feb 20, 2017

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