A Partner Can Withdraw from a Partnership By

question 52

Multiple Choice

A partner can withdraw from a partnership by:

• A)Selling his/her interest to another person for cash.
• B)Selling his/her interest to another person in exchange for assets.
• C)Receiving cash from the partnership in the amount of his/her interest.
• D)Receiving assets from the partnership in the amount of his/her interest.
• E)All of the options are correct.

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Definitions:

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