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.

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Definitions:

Jurgen Habermas

is a German philosopher and sociologist known for his work on the theory of communicative action and the concept of the public sphere.

Consensus

General agreement among a group or the collective agreement on ideas, feelings, or actions.

Discourse

Patterns of language use that reveal social and ideological meanings, emphasizing the ways in which power and knowledge are constructed through spoken and written texts.

Game Theory

A mathematical and conceptual framework used to analyze strategic interactions among rational decision-makers, often applied in economics, political science, and behavioral studies.