A Partner Can Withdraw from a Partnership By

question 70

Multiple Choice

A partner can withdraw from a partnership by:

• A) Selling his/her interest to another person who pays for it in cash.
• B) Selling his/her interest to another person who pays for it with non-cash assets.
• C) Receiving cash or other assets of the partnership equal to the amount of his/her capital account.
• D) Receiving cash or other assets of the partnership greater than the amount of his/her capital account.
• E) All of these answers are correct.

---

Definitions:

Preview Information

An overview or summary of the main points provided at the beginning of a document or presentation to give the audience a glimpse of what to expect.

Readability

The ease with which a reader can understand and interpret the text, often influenced by writing style, complexity, and layout.

Audience Analysis

The process of examining and understanding the characteristics, interests, and needs of the intended recipients of a message or product.

Sentence Length

Refers to the number of words in a sentence, impacting readability and tone.