The correct answer is: C. Minor cannot be a full-fledged partner in a firm.
A minor is a person who is under the age of majority, which is typically 18 years old. In most jurisdictions, minors are not allowed to enter into contracts, including partnership agreements. This is because minors are considered to be unable to understand the full implications of a contract and may be easily taken advantage of.
There are a few exceptions to this rule. For example, in some jurisdictions, minors may be able to enter into contracts for necessities, such as food and shelter. Additionally, minors may be able to enter into contracts with the consent of their parents or guardians.
However, even if a minor is able to enter into a partnership agreement, they will not be considered a full-fledged partner. This means that they will not have the same rights and responsibilities as an adult partner. For example, a minor partner will not be able to vote on partnership matters or be held personally liable for the debts of the partnership.
In conclusion, a minor cannot be a full-fledged partner in a firm. This is because minors are considered to be unable to understand the full implications of a partnership agreement and may be easily taken advantage of.