Constructive Liquidation

Which of the following statements is false concerning the requirements of the atom bomb (Constructive liquidation) of Regulation Section 1.752-1?

Limited partners, not general partners, are deemed to have their interests liquidated.
Partners must restore negative capital accounts after the constructive liquidation.
Partnership assets are considered to be worthless and sold for their worthless value.
Partnership liabilities are deemed to be due and payable.

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