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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:

A. 1, 2, 3, 4

B. 2, 3, 4, 6

C. 3, 4, 5, 6

D. 2, 3, 5, 6

Answer: Option D


This Question Belongs to Commerce >> Accounting

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