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In order for a resulting partnership to be considered a continuation of a merging or consolidating partnership, how much of the ownership (as measured by

In order for a resulting partnership to be considered a continuation of a merging or consolidating partnership, how much of the ownership (as measured by capital and profits interests) in the merging or consolidating partnership must be maintained?

A. More than 80 percent
B. More than 50 percent
C. 20 percent or more
D. 50 percent or more

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