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Betty and Alan each own 25% of partnership BAB. On October 15, 2016. Betty sells her interest to Bob, who is a 50% partner. On

Betty and Alan each own 25% of partnership BAB. On October 15, 2016. Betty sells her interest to Bob, who is a 50% partner. On October 16, 2017, Alan sells his interest to Bob. When does the partnership terminate?

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