Law · Indian Partnership Act
Under Section 30 of the Indian Partnership Act, 1932, a minor:
- 1Can be inducted as a full partner of a firm
- 2Can be admitted to the benefits of partnership with personal liability
- 3Can be admitted to the benefits of partnership without personal liability✓
- 4Cannot be admitted to the benefits of partnership under any circumstances
Correct answer
Can be admitted to the benefits of partnership without personal liability
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