Question 46

A partner assigned his partnership interest to a third party. Which statement best describes the legal ramifications to the assignee?

	A.	The assignee has the right to share in the management of the partnership.
	B.	The assignment of the partnership interest does not entitle the assignee to partnership assets upon a liquidation.
	C.	The assignee does not become a partner but has the right to share in future partnership profits and to receive the proper share of partnership assets upon liquidation.
	D.	The assignment dissolves the partnership.