A minor
A. can become a partner in a firm like other partners
B. can be admitted as a partner in a firm only for sharing profits
C. cannot become a partner in a firm
D. is removed from partnership of a firm the firm makes a loss
Answer: Option B
Related Questions on Business and Commerce
A. Commerce
B. Industry and commerce
C. Trade and commerce
D. Selling and buying of goods
Which of the following is not an economic activity?
A. A doctor practicing
B. A lawyer practicing law
C. A professional cricketer playing cricket
D. A student playing cricket
Which of the following is an extractive industry?
A. Cattle breeding
B. Forest cultivation
C. Hunting
D. Flour mills
Which of the following is not a manufacturing industry?
A. Iron and steel works
B. Flour Mills
C. Fruit canning
D. Mining
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