puglife7183 puglife7183

03-01-2024
Business

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Which of the following is true when a partner withdraws his interest from the partnership?
A. He is obliged to pay a bonus to the existing partners.
B. The existing partners are obliged to pay a bonus to the withdrawing partner.
C. He must get the book-value of his interest.
D. The partner's capital account will be closed

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