A new partner must have the consent of all the partners before being admitted into the partnership.

Name: A new partner must have the consent of all the partners before being admitted into the partnership.
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Question

Quizplus · Accepted Answer

This is a general rule for partnerships, as all partners have equal say in the decision-making process of the business. Therefore, the consent of all existing partners is required before a new partner can be admitted into the partnership.

A New Partner Must Have the Consent of All the Partners