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Commerce
Accounting
Difficulty: Medium
Which of the following are correct regarding rights of partners? 1. A partner has the right to allow the admission of a new partner. 2. Every partner has a right to take part in the management of business. 3. Every partner has a joint ownership of partnership property. 4. Every partner has a right to share the profit not the losses with other partners. 5. Every partner has a right to inspect the books of account and have a copy of the same. 6. In case of emergency, a partner has a right to act as a man of prudence. Select the correct answer:
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