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question 1 From the following find out the correct reason for a new partner to be admitted into the partnership firm. options O a. Forced
question 1
From the following find out the correct reason for a new partner to be admitted into the partnership firm.
options
O a. Forced by court
O b. Only one partners consent
O c. Surplus of funds
O d. Administrative incapability
question 2
The most suitable type of partnership for professionals such as lawyers and doctors is a: options
O a. Limited partnership
O b. General partnership
O c. Limited liability partnership
O d. Limited liability company
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