Question

According to Section 30 of Partnership Act 1932:

(A) A Minor can be admitted as a partner by the consent of all partners for the time being.

(B) A new partner will bring capital and goodwill in cash.

(C) A new partner is allowed to share old profits.

(D) A new partner will inspect the books of accounts.

पर्याय

• (C)

• (D)

• (A)

• (B)

Answer 1

(A)

Explanation:

As per the law, a minor cannot be admitted to any contracts. But with the consent of all the existing partners as per section 30 of the partnership act a minor a be admitted into a partnership firm as a partner for the time being. He may be admitted to the benefits of a partnership.