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Question

A minor can be admitted to the benefits of the partnership with the consent of _________.

A
majority of the partners
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B
all the partners
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C
all working partners
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D
none of these
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Solution

The correct option is B all the partners
A minor is not competent to contract but he can be admitted to the benefits of the partnership with the consent of all the partners. The minor can only share the profits and not the losses f the firm as he can only be admitted to the benefits of the firm.

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