Question

Answer in one sentence

5) What is by co-operative Society?
6) What is by minor partner?​

Answer 1

Answer:

5.A co-operative society is a voluntary association of individuals having common needs who join hands for the achievement of common economic interest. Its aim is to serve the interest of the poorer sections of societythrough the principle of self-help and mutual help. ...Cooperative Societies Act is a Central Act.

6. A person who is under the age of 18 is regarded as a minor. Generally, a minorcannot be appointed as a partner. But with the consent of all the partners, a minormay be admitted for sharing profits of the firm. Such a partner, if admitted, is called aminor partner.

Answer 2

Answer:

6.A person who is under the age of 18 is regarded as a minor. Generally, a minor cannot be appointed as a partner. But with the consent of all the partners, a minor may be admitted for sharing profits of the firm. Such a partner, if admitted, is called a minor partner.

Explanation:

plz follow me

mark me brainlist:)