If there is no bonus on the admission of a new partner,this means that there is no cash changing hands.

Name: If there is no bonus on the admission of a new partner,this means that there is no cash changing hands.
Brand: Quizplus
Rating: 4.9 (49 reviews)

Question

Quizplus · Accepted Answer

The absence of a bonus upon the admission of a new partner does not necessarily mean that there is no cash changing hands. The new partner could still contribute cash (or other assets) to the partnership as part of their capital contribution, even if no bonus is allocated.

If There Is No Bonus on the Admission of a New