# Series 66 Question

Can someone help me understand this.

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Hi @chrissstevens - thanks for posting on our forum! Assignment of contracts is covered in this chapter in our Series 66 materials. Letâ€™s look at this question specifically.

Assignment occurs when thereâ€™s a 50% or greater change to a partnership structure. In this question, each answer choice involves the addition of new partners without losing any of the original partners. The best way to approach this question is to determine the ending number of partners and calculate percent change that represents the addition of the new partners. That probably sounds confusing, but letâ€™s go through each answer choice.

A) 15 total partners at the end. 7 new partners added to the original set. 7 divided by 15 = 46.7% change

B) 9 total partners at the end. 4 new partners added to the original set. 4 divided by 9 = 44.4% change

C) 13 total partners at the end. 6 new partners added to the original set. 6 divided by 13 = 46.2% change

D) 9 total partners at the end. 5 new partners added to the original set. 5 divided by 9 = 55.6% change

Answer choice D is the only one that includes a 50% or greater change to the partnership structure. I recommend following this type of calculation when adding new partners to an existing set of partners.

I hope this helps!

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Great answer! I want to tack another question onto the original question. I understand the math but I donâ€™t understand the full picture. How does the term assignment as far as itâ€™s meaning or phrase â€śassignment of a clients contractsâ€ť connects with and increase of partners in a partnership structure? I hope Iâ€™m making sense!
Can you give me a scenario?

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Hi @Ana1, check out the sidenote in the chapter on Assignment of contracts.

The idea is basically just that the customer signed on with a specific team of people managing their assets. If that team materially changes then â€śassignmentâ€ť occurs, and the customer needs to be notified and explicitly approve that they want their assets to continue being managed by the new team.

I got it. Big thanks.

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