Question

A, B, C and D are partners in a firm. They want to expand their business for which additional capital and more managerial experts are required. For this they want to admit more members in their firm. What is the maximum number of additional members that can be admitted by them in the firm:

Options

• 02

• 50

• 20

• 46

Answer 1

46

Explanation:

A partnership firm may have a maximum of fifty members. Since there are currently four partners, the maximum number of members that can be added is [(50 - 4) = 46].