Selling an interest in a partnership may be difficult because
A) partnerships are subject to unlimited liability.
B) partnerships can't issue bonds.
C) regulatory controls are strict.
D) it is difficult to place a value on a share of a partnership.
E) double taxation occurs.

Question

Quizplus · Accepted Answer

Unless a method of valuation is specified in the articles of partnership,it is difficult to place a value on a share of a partnership because no public value is placed on the partnership.

Selling an Interest in a Partnership May Be Difficult Because