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Question

A change in the nature of the business can only be brought about by the consent of __________.

A
Majority partners
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B
All the partners
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C
Any two partners
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D
Any five partners
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Solution

The correct option is B All the partners

A partnership basically refers to the contract between two or more people who have agreed to carry on certain business in order to achieve common goals. Therefore, any change in the nature of the business can be brought forward only by the consent of all the partners mentioned in the partnership deed.


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