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IAS Prac Guide 2003

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2. As to Industrial Partnera. Division of Profit1. In accordance with agreement.2. In the absence of an agreement, the industrial partner shall receive a just and equitable share of the profits.b. Division of Loss1. In accordance with agreement.2. In the absence of an agreement, the industrial partner shall have no share in the losses.

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J2P and P2J Ver 1