Match the Following Independent Distribution Payments in Liquidation of a Partner's

question 95

Multiple Choice

Match the following independent distribution payments in liquidation of a partner's interest in an ongoing partnership with the statements below.
-Distribution of cash of $10,000 to a limited partner for goodwill, where goodwill is not provided for in the partnership agreement.

• A)A payment for the partner's share of partnership income under § 736(a).
• B)A payment for the partner's share of partnership property under § 736(b).
• C)The payment includes both a § 736(a) and a § 736(b) element.

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Definitions:

Positive Reinforcement

The process of increasing the likelihood of a behavior by following it with a pleasant or rewarding stimulus.

Conditioned

Refers to a behavior or response that has been learned or acquired through association with an environmental stimulus.

Frequency

The rate at which something occurs over a particular period of time or in a given sample.

Forgetting

A decrease in a response as a result of not being able to display it over time. Forgetting involves preventing a response from occurring for some period after it has been conditioned.