Question

"at the time of admission, old partnership comes to end"is the statement is true or false?​

Answer 1

Answer:

Heya mate your answer is----------------------------------------------------

Dissolution of partnership leads to an end to the partnership agreement between the partners and a new agreement is drafted. This does not affect the continuation of the business of the firm.

Whereas, Dissolution of partnership leads to the winding up of the firm and the business comes to an end.

At the time of admission of partner, only the partnership is dissolved and the firm is reconstituted to draft a new partnership agreement. There is no affect on the business of the firm.

plz mark brainliest if you find the answer useful ✨✨✨✨✨

follow me