X, Y and Z are partners in a rm. If ‘B’ is to be admitted as a new – InterviewSolution

1.	X, Y and Z are partners in a rm. If ‘B’ is to be admitted as a new partner. a) Old partnership has to be dissolved. b) Old firm has to be dissolved. c) Both old firm and partnership have to be dissolved. d) Neither firm nor partnership needs to be dissolved.
Answer» a) Old partnership has to be dissolved.

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