Multiple choice

Where a minor elects not to become a partner,

  1. his rights and liabilities shall continue to be those of a minor up to the date on which he gives a public notice

  2. his share shall not be liable for any acts of the firm done after the date of notice

  3. he shall be entitled to sue the partners for his share of the property and profits

  4. All of the above

  5. None of these
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

As provided in Section 30(8), a minor has all the above rights on attaining majority.

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