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If the Dissociated Partner and the Partnership Cannot Agree on the Buyout

Question 54

Multiple Choice

If the dissociated partner and the partnership cannot agree on the buyout price:


A) the partnership must pay the partner its estimate of the buyout price with interest.
B) the partnership must pay the partner its estimate of the buyout price only.
C) the partnership must pay the partner the median price between its estimate price and the partner's requested price.
D) the partnership does not have to pay the partner until there is a court order.

Correct Answer:

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