Which of the following statements is not true about a family menber partner in a...
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Accounting
Which of the following statements is not true about a family menber partner in a business where capital is a material income -producing factor?
A. The family menber must have joined the business in good faith
B. The family member must have acquired their capital interest in a bona fide transation
C. The family member must actiary own their partneship interest
D. The family member must actuary control their partnership interest
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