capacity to become a partner - partnership


Capacity to Become a Partner - Partnership Law

Competence to enter in partnership is co-extensive about capacity to contract.  Actually an infant may enter in a contract either previous to or within a reasonable time of reaching the age like 18:  Partnership Act, by S.13

However a corporation may enter in a contract of partnership provided that act is during the powers whether as its Memorandum of Association and like a partnership may be with an personally or with another corporation or business.

Request for Solution File

Ask an Expert for Answer!!
Business Law and Ethics: capacity to become a partner - partnership
Reference No:- TGS0181503

Expected delivery within 24 Hours