James Was a Partner in a Large Firm

Multiple Choice

James was a partner in a large firm.He died unexpectedly.His son,Frank,wanted to take over for his father in the partnership and was well qualified to do the work his father had done.Which statement best describes Frank's rights in the partnership if he inherits the interest?

A) Frank has a right to take over for his father in the partnership.
B) Frank is entitled to the value in the partnership, but not to become a full partner.
C) Frank has no rights to his father's partnership interest.
D) None of the above.