Business Studies, asked by samrinhasan0786, 7 days ago

Can a minor be admitted to a partnerships ? If so, what are his rights and liabilities during, minority and after he was attainted majority ?

Answers

Answered by yasirsiddique960

Answer:

A minor partner on attaining majority has the right to become a partner of the firm. He has six months from attaining majority to decide if he will execute this right. Whether he decides to become a partner or not he must give public notice about the same.

Previous Question

Next Question

Similar questions

Chemistry, 3 days ago

4. The unit cell of Na is bcc and its density is 0.97 g/cm'. What is the radius of a sodium atom if the molar mass oNa is 23 g/mol?(Ans:1.86x10-8 cm)5. How are non-stoichiometric point defects classified? Explain with diagram the metal deficiency defect6. Explain with one example each, the diamagnetic, paramagnetic and ferromagnetic substances.

English, 3 days ago

solve by gauss elimination method 10x + y + 2z = 13, 3x+10y+z = 14, 2x + 3y + 10z = 15...

English, 3 days ago

Time LeftQ6. A business cannot survive for long withoutएक व्यवसायके बिना लंबे समय तक जीवित नहीं रह सकता है।.Manpower spilleOCash कैशO Infrastructure भूमिकारूप व्यवस्थाONone कोई नहीं...

Accountancy, 7 days ago

chod You are required to divide the proht be 12. 1 अप्रैल, 2017 को 'नीतू' और 'रानू' क्रमशः₹20,000 और ₹30,000 की पूँजी लगाकर साझेदार हैं। उसी दिन नीतू ने फर्म को ₹4,000 का ऋण दिया। उस वर्ष का लाभ ₹5,240 है। साझेदारी समझौते के अभाव में लाभ-हानि नियोजन खाता बनाइए जबकि वर्ष 31 मार्च, 2018 को समाप्त होता है। [उत्तर-लाभ₹ 5,000] On 1st April, 2017 Nitu' and 'Ranu' are partners employing capital of ₹...

Computer Science, 7 days ago