12th Class Accountancy Admission of a Partner Question Bank MCQs - Reconstitution Of a Partnership Firm : Admission of a Partner

  • question_answer
    In the absence of Partnership Deed, a new partner can be admitted only with the:

    A) Permission of court

    B) Consent of all existing partners

    C) New accounting period 

    D) Premium for goodwill

    Correct Answer: B

    Solution :

    Consent of all existing partners


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