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Which of the Following Is True About Buyout of Nonwrongfully

Question 83

Multiple Choice

Which of the following is true about buyout of nonwrongfully dissociated partners?


A) The partnership may wait to buy out the partner until the end of the partnership's term.
B) The buyout price must deduct the interest from the date of dissociation.
C) The dissociated partner cannot ask the court to determine the buyout price.
D) The partner must be paid in cash within 120 days.

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