Ken is a partner in a local hardware store. He decides to sell his partnership interest. What is one challenge that Ken will face?
A) His partners could refuse to let him sell his partnership interest, trapping him in the partnership.
B) The business could be disrupted and financing could be reduced.
C) Selling his partnership interest may violate the articles of partnership and he may need to pay fines.
D) It may be difficult for the partners to place a value on Ken's share of the partnership.
E) Ken will be bound by the public valuation of the company.
Correct Answer:
Verified
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