Question

.A minor can be admitted to the benefits of an already existing partnership

firm:

a. With the consent of managing partner

b. With the consent of all existing partner

c. With the consent of the court

d. None of these.​

Answer 1

Answer:

c. the consent of court

Explanation:

A partnership firm cannot be formed with a minor as the only other member. ... Dwarkadas & Co, the Supreme Court held that a minor cannot become a full-fledged partner in an existing firm. The only concession that section 30 gives is that a minor may be admitted to the benefits of an existing firm.

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Answer 2

Answer:

c. With the consent of the court

Explanation:

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