X and Y are partners in a firm that develops software for industries. X’s minor son Z is a computer wizard. Can he be admitted to the partnership firm?

Yes, if Y agrees Yes, if X agrees Yes, if both agree No

Yes, if both agree

Section 30 of the Indian Partnership Act, provides that though a minor cannot be a partner in a firm, but, with the consent of all the partners, for the time being, he may be admitted to the benefits of the partnership by an agreement executed through his guardian with the other partners.