Which of the following factors is (are) used to make a choice between having an entity-purchase or cross-purchase partnership buy-sell agreement?

Which of the following factors is (are) used to make a choice between having an entity-purchase or cross-purchase partnership buy-sell agreement?

I. The cost basis of the partner’s business interests.

ll. The amount of the partner’s individual personal net worth’s
A . l only
B . II only
C . Both l and II
D . Neither l nor lI

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Answer: A