Multiple choice

The rights of a minor when admitted to the benefits of the partnership include

  1. right to share of the property and profits of the firm as may be agreed upon

  2. right to have access to and inspect and copy of the account of the firm

  3. right to cast his vote on the question of appointment of the managing partner

  4. (1) & (2) but not (3)
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

A minor admitted to partnership benefits can share profits/property and access/inspect firm accounts, but cannot vote on management decisions like appointing managing partners. Option D correctly combines these two rights while excluding the voting right.

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