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प्रश्न
Who is a Minor?
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उत्तर
Under the Indian Majority Act, the person who has not completed 18 years of age is a minor.
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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.
Explain the Types of Partners?
Who is called a Secret partner?
Can a minor is admitted in the partnership business – Why?
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 partner is only involved by sharing profits and has no role in management or firm decisions?
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?
