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When ABC partnership was considering to liquidate its non-cash assets, it evaluates two possible plans: Pre-cash distribution plan fi.e., installment liquidation) and safe harbor plan
When ABC partnership was considering to liquidate its non-cash assets, it evaluates two possible plans: Pre-cash distribution plan fi.e., installment liquidation) and safe harbor plan (i.e., the worst scenario). Assuming everything being equal, which plan will generate the higher payment back to its partner during liquidation? Select one: a. Safe harbor plan b. The two plans will generate the same result. c. It can not be compared. d. Pre-cash distribution plan
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