Social Studies, 05.05.2020 07:15 rihanna79
Becca Franklin and Suzanne Peterson have formed a general partnership. The partnership, BFSP Dental, sells used dental equipment. Tragically, Suzanne is killed in an auto accident. At the time of the accident, BFSP has two dental chairs ($50,000 each)and four high-powered drills ($30,000 each).Suzanne's husband says that he just wants to take possession of one of the dental chairs and two of the drills. Which of the following is correct?
A) Suzanne's husband has a right to one-half of the partnership inventory.
B) Suzanne's husband has no right in the partnership or its inventory since the right of survivorship leaves Becca with the business.
C) The chairs and drills belong to BFSP and cannot be taken by Suzanne's husband.
D) After the business is restructured, Suzanne's husband can have the chair and drills.
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Becca Franklin and Suzanne Peterson have formed a general partnership. The partnership, BFSP Dental,...
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