When a Partner Is Added to a Partnership

question 53

Multiple Choice

When a partner is added to a partnership:

• A) The previous partnership ends.
• B) The underlying business operations end.
• C) The underlying business operations must close and then re-open.
• D) The partnership must continue.
• E) The partnership equity always increases.

---

Definitions:

Office Of Customer Affairs

A designated department within an organization that handles interactions, services, and support for the customers.

Truthful Advertising

Refers to advertisement strategies that are honest and not deceptive, presenting information about products or services accurately.

Online Marketers

Professionals who specialize in promoting products, services, or brands on the internet to attract and engage customers.

Personal Information

Data or details that relate to an individual's identity, background, or personal characteristics.