Question

    A minor :

    A Cannot be a partner in a firm. Correct Answer Incorrect Answer
    B Can have no responsibility in a firm Correct Answer Incorrect Answer
    C Can be admitted to the benefits of a firm. Correct Answer Incorrect Answer
    D With consent of other partners can be admitted to benefits of the firm. Correct Answer Incorrect Answer

    Solution

      S. 30 MINORS ADMITTED TO THE BENEFITS OF PARTNERSHIP.   (1) A person who is a minor according to the law to which he is subject may not be a partner in a firm, but, with the consent of all the partners for the time being, he may be admitted to the benefits of partnership.

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