Which of the following statements about a transfer of a partner's transferable interest is true?

A) The transfer entitles the transferee to become a partner of the partnership.
B) The transferee has become the creditor of the transferable interest.
C) The transferee can ask a court to dissolve and wind up the partnership,but only if the partnership is at will.
D) The transferee has the right to inspect the partnership's books and records.

The sale or transfer of a partner's transferable interest is a voluntary act of the partner.It entitles the buyer or transferee to receive the partner's distributions from the partnership,such as a share of profits.Although the transferee is the owner of the transferable interest,the transferee does not become a partner of the partnership.The transferee has no right to inspect the partnership's books and records or to manage the partnership.The transferee's only other right is to ask a court to dissolve and wind up the partnership,but only if the partnership is at will (i.e. ,has no term or objective).