A person may be admitted to a partnership only with the consent of all the current partners.

Name: A person may be admitted to a partnership only with the consent of all the current partners.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is true. Partnership agreements typically require that all existing partners agree to the admission of any new partner. Without unanimous consent, a new partner cannot be admitted to the partnership.

A Person May Be Admitted to a Partnership Only with the Consent