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Who is a sacrificing partner:
  • a)
    Whose share has increase as a result of change
  • b)
    Whose share has does not get affected as a result of change
  • c)
    Whose share has decrease as a result of change
  • d)
    Whose share has increase as well as decrease as a result of change
Correct answer is 'C'. Can you explain this answer?
Verified Answer
Who is a sacrificing partner:a)Whose share has increase as a result of...
A sacrificing partner is one who has given or surrendered his share in favour of a new partner. That’s why a sacrificing partner is compensated by a new partner in the form of premium for goodwill.
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Most Upvoted Answer
Who is a sacrificing partner:a)Whose share has increase as a result of...
sacrificing partner is that partner who sacrifices some portion of its share in the sacricing ratio on the admission of a new partner

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Community Answer
Who is a sacrificing partner:a)Whose share has increase as a result of...
Because he sacrifice his share to another partner either on admission or on change in profit sharing ratio
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Who is a sacrificing partner:a)Whose share has increase as a result of changeb)Whose share has does not get affected as a result of changec)Whose share has decrease as a result of changed)Whose share has increase as well as decrease as a result of changeCorrect answer is 'C'. Can you explain this answer?
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