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Question
According to which section of the Indian Partnership Act, 1932, a person be admitted as a new partner?
Options
Section 31
Section 34
Section 32
Section 37
MCQ
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Solution
Section 31
Explanation:
A person can be admitted as a new partner under section 31 of the Indian Partnership Act, 1932.
- He or she accepts the cooperation agreement.
- If the previously specified agreement is not there, all partners must consent to the admittance.
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