Economics · Partnership Accounting
According to the Indian Partnership Act, 1932, a new partner can be admitted into a partnership firm with the consent of:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Two-thirds majority of partners
- 2A simple majority of partners
- 3Any single partner
- 4All existing partners✓
Correct answer
All existing partners
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