Question: ANSWER Dashboard X + X - C O B https://jainexams.jgianveshana.com/mcq_exam_new.aspx?Subject=21VMC35404-INTERNATIONAL TAXATION - III e E JAIN 221VMCRO0177 JGi BALWINDER SINGH DANG SEMED TO BE UNIVERSITY

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Dashboard X + X - C O B https://jainexams.jgianveshana.com/mcq_exam_new.aspx?Subject=21VMC35404-INTERNATIONAL TAXATION - III e E JAIN 221VMCRO0177 JGi BALWINDER SINGH DANG SEMED TO BE UNIVERSITY Subject : 21VMC35404-INTERNATIONAL TAXATION - III Exam Start Time : 15/11/2024 10:21 AM Duration : 200 Minutes Show Palette 35. Generally, partners have unlimited liability for a loan in a partnership. In this context, a $50,000 increase in partnership liabilities is treated in which of the following ways? COMPLETE A. Increases each partner's basis in the partnership by $50,000. O B. Increases the partners' bases only if the liability is non-recourse. O C. Increases each partner's basis in proportion to their ownership. O D. Does not change any partner's basis in the partnership regardless of whether the liabilities are recourse or nonrecourse. 2024 @ JGIAnveshana. Design & Develop by JGIAnveshana Type here to search 10:57 ^ 9 () ENG 15-11-2024 FA

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