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Lonny Is a Partner in the Harris Limited Partnership

Question 44

Multiple Choice

Lonny is a partner in the Harris Limited Partnership. Unless the partnership agreement provides otherwise, Lonny may:


A) assign his partnership interest and, if he does, he ceases to be a partner.
B) assign his partnership interest, but if he does, the assignment dissolves the partnership.
C) assign his partnership interest and, if he does, the assignee may exercise the rights of a partner.
D) not assign his partnership interest.

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