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Answer in One Sentence Only. Who is Called a Minor Partner? - Book Keeping and Accountancy

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प्रश्न

Answer in one sentence only.
Who is called a Minor Partner? 

एका वाक्यात उत्तर
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उत्तर

A person who is under the age of 18 is regarded as a minor. Generally, a minor cannot be appointed as a partner. But with the consent of all the partners, a minor may be admitted for sharing profits of the firm. Such a partner, if admitted, is called a minor partner.

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पाठ 1: Introduction to Partnership - Exercise 1 [पृष्ठ १३]

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मायकल वाझ Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
पाठ 1 Introduction to Partnership
Exercise 1 | Q 10 | पृष्ठ १३
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