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Which is incorrect with regards to the admission

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Problem 1: Which of the following is incorrect with regards to the admission of a new partner?

a. Admission of a new partner needs the consent of each of the old partners

b. Admission by purchase of interest of one of existing partners need not have the consent of remaining partners

c. Admission of new partner by direct investment in the partnership must have the consent of all the existing partners

d. Admission of new partner either by purchase or by direct investment in the partnership will lead to the dissolution of the partnership

Reference no: EM132744884

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