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The Sale of a Partner's Transferable Interest in a Business

Question 34

Multiple Choice

The sale of a partner's transferable interest in a business entitles the buyer to what rights?


A) Distributions,like profit,that the selling partner was entitled to.
B) The right to inspect the partnership's accounting books.
C) The right to manage the partnership.
D) The right to represent the partnership in a legal proceeding.

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