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Natalia and Eric each own 40% of partnership NEW. On August 15, 2021, Natalia sold her interest to Walter, a 20% partner. On August 29,

Natalia and Eric each own 40% of partnership NEW. On August 15, 2021, Natalia sold her interest to Walter, a 20% partner. On August 29, 2021, Eric sold his interest to Wendy. When does the partnership terminate?

August 15, 2021.

August 29, 2021.

December 31, 2021.

The partnership does not terminate.

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