Compare the status of a minor in partnership firm with that in a Joint Hindu Family
business.
Answers
Answered by
3
Answer:
A minor becomes a member of Joint Hindu Family Business by virtue of his birth. On the other hand, in partnership, minor can be a partner only in profits. ... Hence, minors can also be members of the business. On the other hand, in a partnership firm, the minor cannot be a partner of a business.
Similar questions