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प्रश्न
What does a new partner acquire by contributing his share to the self-generated goodwill of the firm?
अति संक्षिप्त उत्तर
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उत्तर
A new partner receives a share of any extra profit the firm earns above its standard profit. This is because the old partners built the firm’s value and reputation by doing their part to make it more well-known.
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