Reference no: EM132820648
Problem 1: A person may become a partner in a partnership by all of the following methods, EXCEPT:
a. Investing in the partnership with a bonus to a new partner
b. Making a loan to the partnership
c. Investing in the partnership with a bonus to the old partners
d. purchasing a partner's interest
Problem 2: Which of the folowing DOES NOT result in the dissolution of a partnership?
a. Marriage of a partner
b. Withdrawal of a partner
c. admission of dissolution
d. Death of a partner
Problem 3: A partner may be admitted into a partnership by any of the following, EXCEPT:
a. Investing in the partnership
b. Purchasing preference shares of partnership
c. Purchasing a partner's interest
d. both a and c