Multiple Choice Questions on On the admission of a new partner ........ for Common University Entrance Test (CUET) Preparation

Admission of a Partner

Accountancy (CUET)

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Indian Economy - Understanding the basics of Indian economic system

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    On the admission of a new partner :

    Old firm is dissolved

    Incorrect Answer

    Old partnership is dissolved

    Correct Answer

    Both old partnership and firm are dissolved

    Incorrect Answer

    Neither partnership nor firm is dissolved

    Incorrect Answer
    Explanation:

    Old partnership is dissolved


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