Which of the following may not be treated as a partnership for tax purpose?

A. Arnold and Willis operate a restaurant

B. Thelma and Louise establish an LLC to operate an accounting practice

C. Lucy and Desi purchase real estate together as a business

D. Jennifer and Ben form a corporation to purchase and operate a hardware store

E. All of the following are partnerships

A partner's interest in a partnership is increased by:

A. Capital losses of the partnership

B. Tax exempt interest earned by the partnership

C. Losses of the partnership

D. Distributions by the partnership

E. None of the above