Financial and Management Accounting

1: Which of the following statements is not correct?
A.
A minor can only be admitted to the benefits of an existing partnership with the consent of all the partners.
B.
A minor partner is not personally liable for the debts of the partnership firm.
C.
A minor is not liable to share the loss, if there is any
D.

None of the above

 

Answer : D

Explanation :

Write your comments here:


Report Error
 

Option: A

Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here.