If a Partner Participates in Partnership Activities on a Regular

question 3

True/False

If a partner participates in partnership activities on a regular, continuous, and substantial basis, then the partnership's activities with respect to this individual partner are not considered passive.

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Definitions:

Outcomes

The possible results that may occur as a result of an experiment or event.

Independent Events

Two events are considered independent when the happening of one does not influence the likelihood of the happening of the other.

Probability

An indicator showing the probability that a specific event will take place, represented by a numerical value ranging from 0 to 1.

Experiment

An organized experiment designed to uncover new knowledge, validate a conjecture, or confirm an existing reality.