A withdrawing partner is entitled to receive undistributed profits. The correct option is c.
Withdrawing from a partnership refers to when a partner decides to leave a partnership of their own free will. Retirement or career change are the usual reasons for this type of withdrawal. Involuntary withdrawal occurs when the partners remove a member of the partnership. In this case, the remaining partners jointly service notice. Often if a partner leaves, the remaining one will continue the business or form an LLC. The remaining partner simply buys out the withdrawing one.
The withdrawing partner is entitled to receive capital, undistributed profits, and repayment of any loans to the partnership
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