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Amanda is a partner in ABC Partnership. She wishes to retire from the business. Under the terms of the partnership agreement, the partnership has the
Amanda is a partner in ABC Partnership. She wishes to retire from the business. Under the terms of the partnership agreement, the partnership has the primary obligation to acquire Amanda's interest. How will this transaction most likely be treated? A. As a distribution B. As a contribution C. As a sale D. As a forfeiture
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