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RP
Question Practice

What is a primary condition for admitting a new partner according to the Partnership Act 1932?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Accountancy
Accountancy Part - I
Reconstitution of a Partnershi...
Question Bank

What is a primary condition fo...

Single Answer MCQ
Q-00082064

What is a primary condition for admitting a new partner according to the Partnership Act 1932?

1

Majority agreement of existing partners

2

Unanimous consent of all existing partners

3

Approval from external authority

4

Consent from a legal representative

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Q1.

What is reconstitution of a partnership firm?

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Q3.

When can a new partner be admitted into a partnership firm?

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Q4.

What rights does a newly admitted partner acquire in a partnership firm?

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