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Question

Share in partnership can be transferred by consent of ______ the partners.

A
All
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B
Majority
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C
No consent required
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D
None of these
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Solution

The correct option is A All
Share in partnership can be transferred by consent of all the partners. Partners are the agents of the partnership firm who all carry on the business related activities in a partnership entity. A partner does not have any right to sell the share in partnership without the consent of all the partners.

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