Q30
Assess the truth or falsity of the following statements by picking the right option under the Indian Partnership Act, 1932. Statement I: Consent of all existing partners is generally required for introduction of a new partner into a firm. Statement II: A partner may retire with the consent of all other partners in the firm.
A.
Only Statement 1 is true
B.
Only Statement 2 is true
C.
Only 1 and 2 are true
AnswerD.
Both 1 and 2 are false
Answer: Option C
Solution
Answer: Option C
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