Trae QUESTION It consequences regarding the non puyment of Dividends. Trua Faine QUESTION 12 Grassicy's...
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Trae QUESTION It consequences regarding the non puyment of Dividends. Trua Faine QUESTION 12 Grassicy's basis in her Partnership interest is 588,000 , If Grassity recelves a Cash distribution of 560,000 , her Recognized Gain is 50 - and her basis ini hei Partnership interest is reduced to $28,000, (Grassity is still a partner after the distribution). False True OHSTION 13 Wited Rarrnership can indirectly avoid Unlimited Liability of the General Partner if the General Partner is a Corporation
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