Match the Following Statements with the Best Match from the Following

question 133

Multiple Choice

Match the following statements with the best match from the following choices. Choice M may be used more than once.
-Service-providing partnership

• A)Includes the partner's share of partnership liabilities.
• B)Could result from sale of a partnership interest for more than the partner's share of the inside basis of assets.
• C)Liquidation payments from this type of partnership are always § 736b) payments.
• D)Could arise if a distribution results in loss to the distributee partner.
• E)May be a § 736a) payment.
• F)May receive § 736a) payments.
• G)Probably treated as a general partner for § 736 purposes
• H)Conversion of an LLC to a C corporation
• I)Liquidation payments from this type of partnership may include § 736a) payments.
• J)A § 736b) payment.
• K)Adjustment designed to bring inside and outside bases into balance.
• L)Partnership asset basis is at least $250,000 > FMV.
• M)No correct match is provided.

---

Definitions:

Transverse

Describes an anatomical section or plane that is perpendicular to the long axis of the body or an organ, dividing it into superior and inferior parts.

Pelvic Cavity

The body cavity located within the pelvis, enclosing parts of the reproductive, digestive, and urinary systems.

Spleen

An organ involved in filtering blood, storing red blood cells, and forming part of the immune system.

Parasagittal

Referring to any plane or section parallel to the sagittal plane, which divides the body into left and right portions.