Q. When a minor is admitted to the benefit of the partnership, which of the following statements is false: (Solved)

1. Such minor's share is liable for the acts of the firm

2. The minor is also personally liable

3. The minor has a right to share in the property and profits of the firm

4. The minor cannot sue for the accounts if intends to continue in the firm

  • b. The minor is also personally liable
Subscribe Now

Get All Updates & News