Question

Discuss the status of minor in hindu family system and partnership ?

Answer 1

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............

Explanation:

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Answer 2

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. Or we can say that The inclusion of an individual into the business occurs due to birth in a Hindu Undivided Family. 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. In the partnership firm, the age of the partners should be above 18 years.