Which of the Following Statements Is Correct Regarding the Admission

question 89

Multiple Choice

Which of the following statements is correct regarding the admission of a new partner?

• A) A new partner must purchase a partnership interest directly from the business.
• B) The right of co-ownership in the business property can be transferred to a new partner without the consent of other existing partners.
• C) The right to participate in management of the business cannot be conveyed without the consent of other existing partners.
• D) The right to share in profits and losses can be sold to a new partner without the consent of other existing partners.
• E) A new partner always pays book value.

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Definitions:

Usage Rate

The frequency with which a consumer uses a product or service over a specified period.

Target Audience

The target audience is the specific group of consumers identified by marketers as the most likely purchasers of a product or service, often defined by demographic characteristics.

Behavioral Segmentation

The process of dividing a market into groups based on consumer behaviors such as purchasing patterns, brand interactions, and product usage.

Frequent-Flyer Programs

Loyalty programs offered by airlines to reward customers for their repeat business with benefits such as free flights.