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Question

Choose the correct answers from the alternatives given.
A person may be admitted as a partner with the consent of ________.

A
Majority of the partners
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B
Senior partners
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C
All the existing partners
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D
Working partners
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Solution

The correct option is D All the existing partners
In terms of Section 31 of the Indian Partnership Act, 1932, a new person can be introduced as a partner into a firm with the consent of all the existing partners subject to the execution of a fresh Partnership Deed.

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