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प्रश्न
Can a minor is admitted in the partnership business – Why?
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उत्तर
In a partnership, the minor cannot become a co-partner though he may be admitted to the benefit of the partnership. In a Joint Hindu Family firm, even a newborn baby can be a partner. The membership of the family can be acquired only by birth. As soon as the male child is born in the family, that child becomes a member.
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संबंधित प्रश्न
Write only ‘one’ word or phrase or term which can substitute the following statement :
A partner who gives only his name to the partnership firm.
Write short answer of the following.
State the types of partners.
Write short note on the following.
Type of partners
Explain the Types of Partners?
What is meant by 'partner by estoppel'? Explain.
Who is a Minor?
Who is responsible for managing daily operations and has unlimited liability in a partnership firm?
Which type of partner only shares profits, cannot participate in management, and has no personal liability for the firm’s losses?
Which type of partner shares another partner’s profit, is not legally a member of the firm, and does not bear liability for firm actions?
When a person who has retired leaves their capital in the firm and continues earning but has no management role, what are they called?
