Which of the Following Is True of Ownership Changes in a Partnership

question 113

Multiple Choice

Which of the following is true of ownership changes in a partnership?

• A)Admitting a new partner does not change the core structure of the old partnership.
• B)The purchase of an existing partner's interest is a transaction between the new partner and the partnership firm.
• C)Any time the partner mix changes,the old partnership ceases to exist and a new partnership begins.
• D)A person can become a partner by purchasing an existing partner's interest,even without the approval of the other partners.

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Definitions:

Signs Of Differences

This phrase could indicate an analysis in data to find deviations or variability, but as a standalone term, its specificity in statistics or data science is unclear, possibly meaning NO.

Small Samples

Refers to a sample size that is considered too small to reliably represent the population from which it is drawn.

Normal Approximation

A method used to approximate the distribution of sample statistics to a normal distribution, particularly useful for large sample sizes.

Alternative Hypothesis

The hypothesis that suggests there is an effect or difference, in contrast to the null hypothesis.