Which of the Following Is TRUE of Ownership Changes in a Partnership

Multiple Choice

Which of the following is TRUE of ownership changes in a partnership?

A) Admitting a new partner does not change the core structure of the old partnership.
B) The purchase of an existing partner's interest is a transaction between the new partner and the partnership firm.
C) Any time the partner mix changes, the old partnership ceases to exist and a new partnership begins.
D) A person can become a partner by purchasing an existing partner's interest, even without the approval of the other partners.