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True or False: 10. Cash payments which a partnership makes to a retiring partner for the partner's interest in the partnership's unrealized receivables are not
True or False: 10. Cash payments which a partnership makes to a retiring partner for the partner's interest in the partnership's unrealized receivables are not treated as payments for the retiring partner's interest in partnership property. 11. To qualify as an S corporation there is no limit to the number of shareholders.
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