The admission of a new partner to an existing partnership:
a. May be accomplished only by investing assets in the partnership.
b. Causes a legal dissolution of the existing partnership.
c. Requires purchasing the interest of one or more existing partners.
d. Is almost always accompanied by the liquidation of the business.
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Home » Business » The admission of a new partner to an existing partnership: a. May be accomplished only by investing assets in the partnership. b. Causes a legal dissolution of the existing partnership. c.