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True or False Question:

True or false: A partner can be admitted to a partnership by either selling his or her interest to another person, or distributing cash or other assets of the partnership to the partner in settlement of his or her interest.

A. True
B. False

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Answer :

GinnyAnswer

Final answer:

A partner in a partnership can be admitted through selling their interest or receiving cash/assets.


Explanation:

True. In a partnership, a partner can be admitted by either selling their interest to another person or receiving cash or assets in settlement.


Learn more about Partnership Admission here:

https://brainly.com/question/43726346


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