Question

state the right of a new partner​

Answer 1

$\huge\mathfrak\green{Answer}$

Rights of Partners Inter Se

Partners can exercise the following rights under the Act unless the partnership deed states otherwise: Right to participate in business: Each partner has an equal right to take part in the conduct of their business.

Answer 2

Answer:

Rights of Partners in a Business Partnership

1. Right to Take Part in the Conduct of the Business

2. Right to be Consulted

3. Right to have Access to Books

4. Right to Share Profits

5. Right to Interest on Capital

6. Right to Interest on Advance

7. Right to be Indemnified

8. Right to the Use of the Partnership Property

9. Power in an Emergency

10. No New Partner to be Introduced

11. No Liability before Joining the Firm

12. Right to Retire

13. Right not to be Expelled

14. Right to Carry on Competing Business

15. Right to Share Subsequent Profits After Retirement

Explanation:

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