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Which of these requires unanimous(common) consent of the partners in a general partnership? a
Which of these requires unanimous(common) consent of the partners in a general partnership? a. the assignment of a partnership interest b. the acquisition of a partnership debt c. agreement to be responsible for wrong of other partner d. admission of a new partner Follow Us erent window in mis practing online is sharing your screen Stop sluting
Expert Solution
Ans. Option d. is correct answer
Because question is about Acceptance or general agreement of all the Partners in general partnership.
If a third person is willing to join the business, then in general partnership every members consent is a must whether to make him part of the general partnership.
Other options are applicable to an individual level also.
Option a- as per Agreement, one can transfer assignment of pertnership interest to third person at its own level. Company will be the second decision makers here.
Option b- it depends on an individual partner level. This means that if the partnership can't afford to pay creditors or the business fails, the partners are individually responsible to pay for the debts.
Option c- It is an individual consent, if you are responsible for other partners loss, you have to pay for it.
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