15. The "outside basis" of a buying partner is the amount paid plus the selling partner's share of liabilities of the partnership. A) True B) False 16. The Gift of a partnership Interest cannot result in Gain to the donor A) True B) False 17. Proportionate liquidating Distributions of noncash partnership assets including capital assets cannot result in recognized gain to the liquidating partner but it can result in a recognized loss to the liquidating partner. A) True B) False 18. A gift a partnership interest can result in recognized gain to the donor A) True B) False 19. The sale of a partnership interest can result in the both a "Capital Loss" and "Ordinary Income" to the selling partner for the same transaction. A) True B) False