Multiple choice

Generally, an introduction of a new partner in a partnership firm would require the consent of

  1. the majority of the partners

  2. all the partners

  3. the majority of partners barring the dormant partners

  4. the partners having majority share in the firm
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Option (2) is correct: A new partner can be admitted in a partnership firm with the consent of all existing partners.

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