Multiple choice

On attaining majority, a minor partner has to decide within ______ whether he shall continue in the firm or leave it.

  1. 6 months

  2. 12 months

  3. 3 months

  4. 1 month
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Option (1) is correct: Under Section 30 of the Act, the time period given to a minor to decide whether he wants to continue as a partner or not is 6 months.

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