Which of the following is considered a partnership termination?

(1) over 50% of operations are discontinued, and no part of any business, financial operation, or venture is continued by any of its partners in a partnership.

(2) All of its operations are discontinued, and no part of any business, Financial operation, or venture is continued by any of its partners in a partnership.

(3) over 50% of its operations are discontinued, and less than 50% of the business, financial operation, were venture is continued by any of its partners in a partnership.

(4) all of its operations are discontinued, and less than 50% of the business, financial operation, or venture is continued by any of its partners in a partnership.