A buy-sell agreement can alleviate many of the problems associated with the untimely death of a business partner. Under the terms of a buy-sell agreement, the surviving business partner agrees to
A.
purchase the deceased partner's interest in the business from the deceased partner's estate
B.
sell off for cash business assets, such as the building, inventory, and equipment, and use the cash to pay the deceased partner's debts
C.
sell his interest in the business to the deceased partner's estate
D.
sell the business to a third party and pay the deceased partner's share of the profits to the deceased partner's heirs