CA Foundation Exam  >  CA Foundation Questions  >  Can R (age 17 years) be admitted to their bus... Start Learning for Free
Can R (age 17 years) be admitted to their business?
  • a)
    Yes
  • b)
    Yes, if Z is admitted with the consent of P & Q, only to share the benefits.
  • c)
    Yes, if the firm is registere
  • d)
    No
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Can R (age 17 years) be admitted to their business?a)Yesb)Yes, if Z is...
Explanation:
The question asks whether R, who is 17 years old, can be admitted to their business. Let's break down the options and determine the correct answer.
Option A: Yes
- This option states that R can be admitted to their business without any conditions or restrictions. However, this answer is too general and does not provide any specific criteria or requirements.
Option B: Yes, if Z is admitted with the consent of P & Q, only to share the benefits.
- According to this option, R can be admitted to their business, but under the condition that another person named Z is also admitted. Additionally, the consent of P and Q is required for this admission. The purpose of admitting Z and the role they will play in the business is not specified, but it is mentioned that Z will only share the benefits.
Option C: Yes, if the firm is registered
- This option states that R can be admitted to their business, but only if the firm is registered. However, the age of R is not mentioned as a determining factor in this option.
Option D: No
- This option states that R cannot be admitted to their business. However, it does not provide any explanation or reason for this restriction.
Conclusion:
Based on the given options, the most suitable answer is Option B: Yes, if Z is admitted with the consent of P & Q, only to share the benefits. This option provides a specific condition for the admission of R and gives the requirement of admitting Z with the consent of P and Q.
View all questions of this test
Explore Courses for CA Foundation exam
Can R (age 17 years) be admitted to their business?a)Yesb)Yes, if Z is admitted with the consent of P & Q, only to share the benefits.c)Yes, if the firm is registered)NoCorrect answer is option 'B'. Can you explain this answer?
Question Description
Can R (age 17 years) be admitted to their business?a)Yesb)Yes, if Z is admitted with the consent of P & Q, only to share the benefits.c)Yes, if the firm is registered)NoCorrect answer is option 'B'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Can R (age 17 years) be admitted to their business?a)Yesb)Yes, if Z is admitted with the consent of P & Q, only to share the benefits.c)Yes, if the firm is registered)NoCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Can R (age 17 years) be admitted to their business?a)Yesb)Yes, if Z is admitted with the consent of P & Q, only to share the benefits.c)Yes, if the firm is registered)NoCorrect answer is option 'B'. Can you explain this answer?.
Solutions for Can R (age 17 years) be admitted to their business?a)Yesb)Yes, if Z is admitted with the consent of P & Q, only to share the benefits.c)Yes, if the firm is registered)NoCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of Can R (age 17 years) be admitted to their business?a)Yesb)Yes, if Z is admitted with the consent of P & Q, only to share the benefits.c)Yes, if the firm is registered)NoCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Can R (age 17 years) be admitted to their business?a)Yesb)Yes, if Z is admitted with the consent of P & Q, only to share the benefits.c)Yes, if the firm is registered)NoCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Can R (age 17 years) be admitted to their business?a)Yesb)Yes, if Z is admitted with the consent of P & Q, only to share the benefits.c)Yes, if the firm is registered)NoCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Can R (age 17 years) be admitted to their business?a)Yesb)Yes, if Z is admitted with the consent of P & Q, only to share the benefits.c)Yes, if the firm is registered)NoCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Can R (age 17 years) be admitted to their business?a)Yesb)Yes, if Z is admitted with the consent of P & Q, only to share the benefits.c)Yes, if the firm is registered)NoCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
Explore Courses for CA Foundation exam

Top Courses for CA Foundation

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev