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Kim, Lynn, and Mike agree to be partners in Northwest Tours, a travel agency. Kim contributes 75 percent of the capital. The partners agree to split the profits equally. When Northwest is dissolved, its liabilities are greater than its assets. The losses are paid by

a. Kim because he contributed most of the capital.
b. Lynn and Mike because they contributed the least of the capital.
c. all of the partners in proportion to their capital contributions.
d. all of the partners in proportion to their shares of the profits.