Why might a partnership admit new partners as p... - SS2 Accounting Reasons For Admission of New Partners Question
Why might a partnership admit new partners as part of its succession planning?
A
To dissolve the partnership
B
To ensure that the business will continue to operate and grow even if one of the existing partners exits the partnership
C
To increase the workload of the remaining partners
D
To reduce the amount of capital in the partnership
correct option: b
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