Partnership agreements can be modified:   (A) Only with prior approval from the IRS. (B) At any time if agreed to by all partners, for both formal written agreements or informal agreements. (C) Only in writing, regardless of whether the partnership agreement is formal or informal. (D) If more than 75% of the partners agree to the

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Partnership agreements can be modified:

 

(A) Only with prior approval from the IRS.

(B) At any time if agreed to by all partners, for both formal written agreements or informal agreements.

(C) Only in writing, regardless of whether the partnership agreement is formal or informal.

(D) If more than 75% of the partners agree to the modifications to the agreement

 

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