Reasons for admission of partner
Answers
Answered by
1
A new partner may be admitted in the partnership for the following reasons:
To expand the business.
To meet the requirements for the additional capital.
To increase the managerial capabilities of the firm.
To take the advantage of the reputation of the new partner.
To reduce the competition.
To expand the business.
To meet the requirements for the additional capital.
To increase the managerial capabilities of the firm.
To take the advantage of the reputation of the new partner.
To reduce the competition.
Similar questions