A partnership can be joined by:
A) investing into the business.
B) purchasing an equity interest in the business.
C) buying out one of the partners and taking over their interest (by mutual agreement).
D) All of the above are correct.

Question

Quizplus · Accepted Answer

All the options provided are valid ways to join a partnership. Investing in the business, purchasing an equity interest, or buying out an existing partner's interest with mutual agreement are all common methods for becoming a partner in a partnership.

A Partnership Can Be Joined By