Decision is taken by a partner in buying a merchandise business, can sign a contract within the scope of partnership activities in partnership business.

a.

Individually

b.

Mutually

c.

By anyone

d.

By the partner who has invested more money

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Goodwill of a firm of A and B is valued at OMR 30,000.Goodwill is appearing in the books at OMR 12,000. C is admitted for 1/4th share. What amount he is supposed to bring for goodwill?

a.

OMR 3,000

b.

OMR 10,500

c.

OMR 7,500

d.

OMR 4,500