What Are the Ways That a New Partner Can Be

question 64

Essay

What are the ways that a new partner can be admitted to an existing partnership? Explain how to account for the admission of the new partner under each of these circumstances.

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Definitions:

Lateral Meristems

Plant tissue responsible for growth in thickness or girth in a maturing plant, located in stems and roots.

Primary Growth

Of plants, lengthening of young shoots and roots; originates at apical meristems.

Secondary Growth

Of plants, thickening of older stems and roots; originates at lateral meristems.

Temperate Zone

A climate zone lying between the tropical and polar zones, characterized by moderate temperatures.