BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Section 11 states that only persons who have attained majority according to the law are competent to contract. Therefore, there must be a law that defines the age of majority. In India, the Indian Majority Act, 1875 declares the age of majority of all persons to be 18 years.

Detailed explanation-2: -In all states, the age required to sign a contract is 18 years. A child under the age of 18 is considered a minor and can only sign a contract if it is essential items. Essential goods include medicines, food and medical services.

Detailed explanation-3: -In general terms, adults of sound mind have full contractual capacity and are free to enter into such agreements as they wish1. Minors (those under the age of 18) do not have full capacity to enter into agreements.

Detailed explanation-4: -According to Section 11, “Every person is competent to contract who is of the age of majority according to the law to which he is subject, and who is of sound mind and is not disqualified from contracting by any law to which he is subject.”

Detailed explanation-5: -(1) Every person domiciled in India shall attain the age of majority on his completing the age of eighteen years and not before.