BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS LAW

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A person who has not yet reached the age of legal maturity.
A
Majority
B
Minority
C
Minor
D
Teenager
Explanation: 

Detailed explanation-1: -A person who has not attained the age of majority is refeered as a minor. In India, people below the age of 18 are minors. A person who is 17 years and 364 days old will be viewed as a minor in the eyes of law. The age of majority has been decided by Indian Majority Act of 1875.

Detailed explanation-2: -The term minor/minors is no where defined in the contract act. But taking into consideration the wordings of section 11 of Indian contract act, a minor is a person who has not attained the age of 18 years. The age of majority of a person is regulated by section 3 of the Indian majority act, 1857.

Detailed explanation-3: -The definition with the broadest applicability is the one that defines a minor as a person under age 18.

Detailed explanation-4: -’Adolescent’ means a person who has completed his fourteenth year but has not completed his eighteenth year where as ‘adult’ means a person who has completed his eighteenth year.

Detailed explanation-5: -Most countries set the age of majority at 18, but some jurisdictions have a higher age and others lower. The word majority here refers to having greater years and being of full age as opposed to minority, the state of being a minor.

There is 1 question to complete.