Which type of partners is not personally liable?

Active

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Dormant

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Nominal

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Minor

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Solution

The correct option is C Minor
Partnership arises from contract and a minor is not competent to enter into contract. Therefore, strictly speaking, a minor cannot be a full-fledged partners. But with the consent of all the partners he can be admitted into partnership for benefits only. He is not personally liable to third parties for the debts of the firm.

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