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प्रश्न
State Whether the following Statement is True or False:
A minor can also be admitted as a partner.
चूक किंवा बरोबर
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उत्तर
The statement is false.
Explanation:
A minor cannot become a full partner in a partnership firm. However, under the Indian Partnership Act, 1932, a minor can be admitted to the benefits of partnership with the consent of all existing partners.
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