_____ 16. A partial liquidation occurs when only a few of a corporation's shareholders have their stock redeemed by a corporation.

Name: _____ 16. A partial liquidation occurs when only a few of a corporation's shareholders have their stock redeemed by a corporation.
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A partial liquidation involves the distribution of a portion of a corporation's assets to all shareholders, not just a few, and typically results in a reduction of the corporation's business operations.

_____ 16 a Partial Liquidation Occurs When Only a Few of of a Corporation's