Indicate whether the following statements are "True" or "False" regarding tax planning issues related to partnerships.

a$.$If a partnership interest is acquired by purchase, the purchaser may want as a condition for the acquisition that the partnership make a $754$ election to adjust the basis of partnership assets.

TrueFalseTrue

b$.$A partner planning to dispose of a partnership interest in a taxable transaction might consider either an installment sale or a pro rata distribution of hot assets, followed by a sale of the remaining interest in the partnership.

TrueFalseTrue

c$.$Current and liquidating distributions may result in capital gain recognition for either the receiving partner or the partnership if hot assets are present.

TrueFalse

d$.$When a partner is to receive a liquidating distribution and the full basis of the interest will not be recovered, the partner's capital loss can be ensured by providing that the only assets received by the partner are cash, unrealized receivables, and inventory.

TrueFalse