Q.A minor, X, is admitted to the benefits of a partnership with the consent of all the partners. Which of the following correctly states X's position?
(A) X becomes a full partner immediately, with unlimited personal liability from the date of admission
(B) X is entitled to a share of the firm's property and profits as agreed, may inspect (but not compel production of) the firm's accounts, and his liability is confined strictly to his share in the firm's property
(C) X has no rights at all until he attains majority
(D) X automatically becomes personally liable for all the firm's debts on attaining the age of 15

Section 30 gives a minor admitted to benefits real rights (share of property/profits, a right to inspect accounts) while carefully limiting his exposure to only his share in the firm's property. …

Why (B) is correct: Section 30 allows a minor to be admitted to the benefits of partnership with the consent of all partners; he is entitled to such share of the property and profits as may be agreed, may inspect (but not demand production of) the accounts, and his liability is confined strictly to his share in the property of the firm — never his personal assets.

Why the distractors are wrong:

• (A) wrongly makes X a full partner with unlimited personal liability immediately — that only happens if, on attaining majority, X elects (or fails to elect within six months) to become a full partner. …

Students often conflate 'admitted to the benefits of partnership' with 'becoming a partner' — they are legally distinct statuses under Section 30, with materially different liabil …