Question

Who is called minor partner? (Answer in one sentence)

Answer 1

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Your Answer in one sentence:-

Minor Partner means the partner who has not completed 18 years.


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Answer 2

Answer:

Minor partner is a person who is below 18 years old.

Explanation:

A person who is a minor according to the law to which he is subject may not be a partner in a firm, but, with the consent of all the partners for the time being, he may be admitted to the benefits of partnership. The minor is not personally liable for any loss.