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Law · Q524

Indian Partnership Act

Graduate and Post Graduate · Law · question 524

Q524

When a minor, who was admitted to the benefits of Partnership becomes a partner upon attaining the age of majority, his personal liability commences from:

A.
The date of his first admission to benefit of partnership
Answer
B.
The date of majority, if he continues in partnership
C.
The date fixed by all the partners
D.
Only his assets or contributions to the partnership is liable

Answer: Option A

Solution

Answer: Option A
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