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When a new partner is admitted, the old partnership continues to exist and the name of the new partner is added. the old partnership is
When a new partner is admitted, the old partnership continues to exist and the name of the new partner is added. the old partnership is dissolved and a new one is created. the old partnership is dissolved and a new form of ownership must be chosen. the old partnership continues to exist and the new partner invests in the existing business
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Loose Leaf For Managerial Accounting
Authors: John Wild, Ken Shaw
4th Edition
007763330X, 978-0077633301
