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प्रश्न
State whether the following statement are True or False.
The liability of minor partner is limited.
विकल्प
True
False
MCQ
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उत्तर
True.
Explanation: With the consent of all the partners, a minor can be admitted to the benefits of partnership. That is, he can be admitted as a partner but only for sharing profits of the firm. His liability is limited to the extent of capital contributed by him. Hence, the above statement is true.
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