25 & 26.) Homer, Moe and Barney formed SPRINGFIELD BEER, a partnership to distribute Duff

beer. They executed a written partnership agreement which includes the following provision: "The

death of a partner will cause a termination of the partnership, and the deceased partner's interest

shall go to his wife." Several days after Homer's untimely death (D'oh!), his widow, Marge, came

into the office demanding to be allowed to participate in the operation of the business, and

claiming that she is entitled to future profits of the partnership.

25._____ Under Illinois law, and the case of Creel v Lily, Marge is entitled to which of the

following:

a.) a share of current profits and Net Capital

b.) a share of future profits

c.) a share of current and future profits

d.) a vote as to the future operation of the business

26._____ Under Illinois law, and the case of Creel v Lily, Moe and Barney will be required

to do which of the following:

a.) liquidate and sell all of the assets of the partnership

b.) cease doing business completely

c.) convert the Partnership to a corporation

d.) make an accurate accounting of the assets of the business, and current

profits, then pay Marge her 1/3 share