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

question 132

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 $60,000 for a partner's share of unrealized receivables where the partner is a limited partner, and most of the partnership's income is derived from services.

• 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.

---

Definitions:

Ergonomist

A professional who designs or modifies workplaces, equipment, and processes to fit the user, aiming to increase efficiency and reduce discomfort or injury.

Cognitive Psychologist

A professional in psychology who studies mental processes including perception, memory, thought, and problem-solving.

Aversion

A strong dislike or disinclination towards something, often used in psychological contexts to describe responses to unpleasant stimuli.

Ergonomic Principle

Refers to design considerations that maximize productivity by minimizing operator fatigue and discomfort.