At the time of admission of a new partner, for getting right to share the assets of the partnership firm, the new partner atleast will bring :-
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → Amount of his capital.
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When a new partner is admitted, they get two types of rights:
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Right to share in the assets of the firm.
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Right to share in the future profits of the firm.
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To obtain the right to share in the assets, the new partner must contribute capital, as it represents ownership in the firm’s property and resources.
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The premium for goodwill, on the other hand, is paid only when the firm has existing goodwill and gives the new partner a right to share in future profits, not assets.
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The new partner may or may not bring goodwill, but capital is mandatory to acquire an ownership stake.