Question

ble of Contents fde/Show Time Remaining art 1 of 1 - uestion 10 of 40 5 Points Phich of the following is true of ownership changes in a partnership? .。A. Admitting a new partner does not change the core structure of the old partnership. ·O B. The purchase of an existing partner's interest is a transaction between the new partner and the partnership firm. O C. Any time the partner mix changes, the old partnership ceases to exist and a new partnership begins. . OD. A person can become a partner by purchasing an existing partner's interest, even without the approval of the other partners. eset Selection Previous) Next Save

Answer 1

option b is correct..

because partnership firms have a limited life...........................................