Which statement is true regarding promotions that involve multiple partners?

The statement that each partner bears liability based on their contribution percentage is true because it reflects a common structure in collaborative promotions. When multiple partners engage in a promotion, it is generally understood that their responsibilities and liabilities vary according to how much each one contributes to the promotion's costs, effort, resources, or any other aspect. This allows for a tailored approach where each partner's level of investment is directly linked to their share of the liability.

This arrangement encourages partners to actively engage and contribute to the promotion, as their exposure to risk is proportional to their involvement. It fosters a more equitable distribution of responsibilities, aligning the interests of all partners involved and promoting a collaborative spirit in executing joint promotions.

In contrast, options that suggest equal sharing of liability, mandatory equal contributions, or conditions regarding the minimum number of partners do not accurately represent the flexible and customized nature of partnership agreements in promotional activities.