Business Studies, asked by loscerareita1374, 10 months ago

Can a minor be admitted to a partnership? If so what are his rights and liabilities during minority and after he has attained majority

Answers

Answered by arpitaguha25
0

Explanation:

As we have seen in the Contract Act, minors cannot be a party to a contract. A contract involving a minor is void-ab-initio. However, the Partnership Act has its own sets of legal rules regarding minors. So let us study about minor partner and the benefits they gain from a partnership.

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