If the actual value of assets is more than the present estimate, partner is entitled to get his share corresponding to the increased value.

gaining

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retiring

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sacrificing

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new

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Solution

The correct option is B retiring
If the actual asset value is more than the present estimate, the retiring partner is entitled to get his share corresponding to the increased value as he is also responsible for the actions happening before retirement.

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The retiring partner is entitled to his/her share in the accumulated profits and is also liable to share the accumulated losses, if any.

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