Which of the Following Statements Is True Regarding Partnership Operating

Which of the following statements is true regarding partnership operating distributions?

A) If a partner's outside basis is less than the bases of the assets distributed in an operating distribution, the partner will recognize a loss.
B) If a partner's outside basis is greater than the bases of the assets distributed in an operating distribution, the partner will recognize a gain.
C) If a partner's outside basis is greater than the bases of the assets distributed in an operating distribution, the partner will recognize a loss.
D) None of the statements are true.