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When determining voluntariness, the courts focus on
Liquidating Partnership
The process of dissolving a business partnership by selling off assets to pay liabilities and distributing the remaining assets to the partners.
Capital Account Balances
The amount recorded in the financial statements of an entity that represents the funds contributed by owners or partners, including retained earnings and additional paid-in capital.
Final Distribution
The process of giving the last allocation or payout, often related to winding up an estate, a trust, or corporate dividends.
Market Value
The present cost that an asset or service is being traded for in the market.
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