How can a new partner be admitted in the existing partnership firm ?(A) The existing partnership can take decision of admitting new partner with majority.(B) If there is a provision in the partnership deed then abiding by it.(C) If there is no partnership deed, then by following Partnership Act 1932.(D) By taking permission of partners who are managing the firm.

How can a new partner be admitted in the existing partnership firm ?(A

1.	How can a new partner be admitted in the existing partnership firm ?(A) The existing partnership can take decision of admitting new partner with majority.(B) If there is a provision in the partnership deed then abiding by it.(C) If there is no partnership deed, then by following Partnership Act 1932.(D) By taking permission of partners who are managing the firm.
Answer» Correct option is (B) If there is a provision in the partnership deed then abiding by it.