If a New Person Wishes to Be Admitted to a Partnership

question 85

True/False

If a new person wishes to be admitted to a partnership with two existing partners,and the existing partners accept,then the new person is automatically entitled to share in one-third the profits of the partnership.

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Definitions:

Caffeine

A stimulant compound found in coffee, tea, and various foods and beverages, known for enhancing alertness and temporarily warding off drowsiness.

Low-Birth-Weight Infants

Babies born weighing less than 2,500 grams or 5.5 pounds, often facing higher risks of health complications and developmental delays.

Miscarriages

The spontaneous loss of a pregnancy before the fetus can survive outside the uterus, typically occurring within the first 20 weeks of pregnancy.

Teratogenic

Pertaining to or capable of causing birth defects or developmental abnormalities in an embryo or fetus.