Practicing Success

Target Exam

CUET

Subject

Accountancy

Chapter

Accounting for Partnership

Question:
P & Q want to admit R as a partner, but S does not agree. Will R be admitted?
Options:
Yes
No
R will be admitted by replacing P
R will be admitted by replacing Q
Correct Answer:
No
Explanation:
R will not be admitted. He can only be admitted if all partners agreed.