a. when the inside basis equals the outside basis for all of the partners' interests immediately before and after a distribution, a section 754 election is mandatory. TRUE/ FALSE

b. if a partner dies, the partnership must allocate the income for the year between the decedent and the successor in interest. TRUE/FALSE

c. a partners' final tax year ends when no part of the business continues to be carried on by any of the partners in the partnership. TRUE/FALSE

d. a family member is recognized as a partner only if they have capital that is materially income-producing. TRUE/FALSE