Which of the following is most likely to be indicated by a description that includes,among other things,the option to purchase a partner's interest and the valuation of interests?
A) a partnership agreement clause pertaining to dissolution of partnership
B) a partnership agreement clause pertaining to changes in partnership
C) a clause in a partnership agreement that addresses profit distribution
D) a clause in a partnership agreement that avoids litigation and animosity

Question

Quizplus · Accepted Answer

This description is most likely related to a clause in a partnership agreement that deals with changes in partnership, such as buy-sell agreements, which often include options to purchase a partner's interest and methods for valuing those interests.

Which of the Following Is Most Likely to Be Indicated