Business Studies, asked by jas593737, 3 months ago

. A was a minor admitted to the benefits of a partnership. After attaining majority he decided not to continue as a partner. He did not give any public notice of the same.
a) Is he liable for the acts of other partners after his retirement?
b) Write few limitations of partnership.
c) Write benefits of partnership form of business.

Answers

Answered by brsp
0

No if he is above 18 than he is liable otherwise he cannot join in partnership.

They must work together.

They must need understand ing between them.

In partnership they need to do every work while dividing the main benefit is that single person does not need to give too much money for firm.

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