Which of the following transactions will not result in the termination of a partnership for Federal tax purposes?

a.The partnership is incorporated.

b.A 40% interest in partnership capital and profits is sold to the other partner in a two-partner partnership.

c.The sole surviving partner buys the interest of the deceased second partner through a buy-sell agreement taking place upon the second partner's death.

d.Cash is distributed in liquidation of a 60% partner's interest in a five-partner partnership.

e.All of these choices terminate the partnership.