Multiple Choice
A partner can withdraw from a partnership by any of the following means except:
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) Close the business and liquidate the assets under the mutual agency principle.
Correct Answer:

Verified
Correct Answer:
Verified
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