Question

The liability of minor partner is limited. (State True or False)

Answer 1

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Your Answer:-

Yes, the liability of minor partner is limited.

Hence, it is true.


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Answer 2

Answer:

True

Explanation:

As per the question

The liability of minor partner is limited this is true statement

Liability of minor partner is a minor my not be a partner in a firm, but with the consent of all the partners he may be admitted to the benefits of partnership.

Minor partner can not be a full fledged partner

But with the consent of all the partner can be admitted to the benefits of partnership.

there cannot be be a partnership consisting of all minors