Stuart and Max are debating the reasons for adjusting a partner's outside basis. Which of the following rationales for adjusting a partner's basis in their partnership interest is false?

To prevent partners from being double taxed when they sell their partnership interests

To ensure that partnership tax$-$exempt income is not ultimately taxed

To prevent partners from being double taxed when they receive cash distributions

To ensure that partnership nondeductible expenses are never deductible

None of these rationales are false.