BUSINESS ADMINISTRATION
BUSINESS LAW
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Necessaries
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Luxuries
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Amenities
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Goods
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Detailed explanation-1: -Liability for necessaries-According to section 68 of Indian contract act, 1872, a minor is not personally liable, it is his property only which is liable. If he has no property, the supplier will get nothing for necessaries supplied. If he has property, supplier will get reasonable price only.
Detailed explanation-2: -Answers. A minor’s estate is liable for necessaries supplied. (Section 68): A minor is liable to pay out of his property for ‘necessaries’ supplied to him or to anyone whom he is legally bound to support. Such.
Detailed explanation-3: -Therefore a minor cannot be declared insolvent. The term “necessaries” in the first place include those things without which an individual cannot reasonably exist, for example food, clothing and lodging.
Detailed explanation-4: -Their Lordships then referred to Section 68, Contract Act, and pointed out that under the Indian Law even for the necessaries supplied to a minor he is not made personally liable for them, but that the only statutory right that is created is against his property.