Which of the following statements is true regarding a partner's right to sell a partnership interest to a creditor,when the articles of partnership do not address the matter?
A) A partner cannot sell any of his or her interest in a partnership to a creditor.
B) A partner can sell his or her interest in a partnership to a creditor.
C) A partner can sell only up to 75% of his or her interest in a partnership to a creditor.
D) A partner can sell only up to 50% of his or her interest in a partnership to a creditor.
E) A partner can sell only up to 25% of his or her interest in a partnership to a creditor.
Correct Answer:
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