The AB, BC, and CD Partnerships Merge into the ABCD

question 40

Multiple Choice

The AB, BC, and CD Partnerships merge into the ABCD Partnership. AB (owned by Austin and Ben) contributes assets worth $100,000. BC (owned by Ben and Charlie) contributes assets worth $200,000. CD (owned by Charlie and Dennis) contributes assets worth $300,000. The capital and profits interest in ABCD is owned by: Austin, 10%; Ben, 30%; Charlie, 25%; and Dennis, 35%. ABCD Partnership is a continuation of

• A)AB.
• B)BC.
• C)CD.
• D)none of the partnerships.

---

Definitions:

Pine Voles

A species of small rodent, often studied for their complex social behaviors and bonding patterns.

Spatial Skills

Spatial skills involve the ability to understand, reason, and remember the spatial relationships among objects or space.

Larger Territories

Expansive areas or regions under the control of a particular group, organism, or government, often associated with specific advantages or resources.

Causal Inferences

Causal inferences are conclusions about cause-and-effect relationships, often drawn from experiments or observational studies, looking at how one variable influences another.