Which statement is true regarding minors in partnerships?

Minors can benefit from the partnership but cannot be partners themselves, as they typically lack the legal capacity to enter into binding contracts. This limitation arises from the recognition that minors may not fully understand the commitments and liabilities associated with being a partner, and thus the law protects them from potential exploitation. While they may be included in the profits and benefits derived from the partnership, their status prevents them from assuming the responsibilities that come with partnership rights and obligations.

In a partnership, all partners are generally expected to have the capacity to make contractual commitments, which minors do not possess. Therefore, although they may receive benefits such as profit shares, they cannot be regarded as full partners in the legal sense.

The rationale behind this limitation is to protect minors and ensure they are not held liable for partnership debts or obligations, confirming that while they can derive advantages from the partnership, they cannot be fully liable as partners would be. This understanding of minors in partnerships highlights the importance of legal capacity and the protective measures in place for those who are not yet considered legally mature.