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I am afraid that when there are equal partners in a business, if they have no partnership
/membership agreement that states how a partner will be bought out from the business, one partner leaving does not automatically get 1/2 of everything in every case. The assets and debts of the business have to be examined and an net value of the business must be determined. Once the net value is determined (assets minus debts and liabilities) then the leaving partner would be entitled to the 50% share of that net worth of the business on a buy out.
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