Question:
To become a partner it is essential to be:
To become a partner it is essential to be:
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Minor cannot be a partner, but can share benefits. Only adults with legal capacity can be partners.
Updated On: Sep 13, 2025
- Adult
- Minor
- Both (A) and (B)
- None of these
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Verified By Collegedunia
The Correct Option is A
Solution and Explanation
Step 1: Legal capacity.
According to the Indian Contract Act, only a person competent to contract can become a partner.
Step 2: Condition of majority.
A person must be an adult (18 years or above) of sound mind to become a full partner. A minor cannot be a partner, but may be admitted to benefits of partnership with consent of all partners.
Step 3: Conclude.
Hence, it is essential to be an Adult to become a partner.
Final Answer: \[ \boxed{\text{Adult}} \]
According to the Indian Contract Act, only a person competent to contract can become a partner.
Step 2: Condition of majority.
A person must be an adult (18 years or above) of sound mind to become a full partner. A minor cannot be a partner, but may be admitted to benefits of partnership with consent of all partners.
Step 3: Conclude.
Hence, it is essential to be an Adult to become a partner.
Final Answer: \[ \boxed{\text{Adult}} \]
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