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Introduction to Partnership

Which type of...

Question

Which type of partner is not personally liable?

A

Active

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B

Dormant

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C

Nominal

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D

Minor

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Solution

The correct option is D Minor
A minor cannot be a full fleged partner in the partnership firm , he is not personally liable for the debts of the third party. He is only admited for profit . He can be admiited only by consent of all partners.

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