Multiple choice

Which of the following is/are partner(s)?

  1. Members of HUF

  2. Burmese Buddhist husband and wife

  3. A minor and two majors

  4. Widow of deceased partner receiving annuity
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Option (1) is incorrect: Members of HUF cannot be partners as per Sections 5 and 6. Option (2) is incorrect: Burmese Buddhist husband and wife cannot be partners as per Sections 5 and 6. Option (3) is correct: A minor can be partner if the other partners are major in a running business. All others mentioned cannot be partners as per Sections 5 and 6. Option (4) is incorrect: Widow of deceased partner receiving annuity cannot be partner as per Sections 5 and 6.

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