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Admission of New Partner MCQs
New partner can be admitted into partnership –
2. New partner can be admitted into partnership:
- With the consent of any one partner
- With the consent of majority of partner
- With the consent of all the partners
- With the consent of 2/3rd of old partners
Answer: C) With the consent of all the partners
Explanation:
According to the Partnership Act 1932, New partner can be admitted into partnership with the consent of all the partners.