Question: Ralph sells an asset to the RST Partnership at a loss. In which of the following situations does he recognize a loss? a. Ralph owns

Ralph sells an asset to the RST Partnership at a loss. In which of the following situations does he recognize a loss?
a. Ralph owns a 20% direct interest in the partnership, and his son also owns a 20% interest.
b. Ralph owns a 35% direct interest in the partnership, and his daughter also owns a 35% interest.
c. Ralph owns a 35% direct interest in the partnership, and his 100%-owned C corporation also owns a 35% interest.

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