BUSINESS ADMINISTRATION
BUSINESS LAW
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Communication of offer
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Communication of acceptance
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A minor’s agreement
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Fraud
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Detailed explanation-1: -Mohori Bibee v Dharmodas Ghose, [1903] UKPC 12, is a major Indian contract law case decided by the Judicial Committee of the Privy Council. The case held that a contract entered into by a minor is totally void.
Detailed explanation-2: -ILR (1903) 30 CAL 539 (PC) The contracts cannot be entered into by any person; the competency regarding the same has been laid down under Section 11 of the Act. The Section 11 of the Indian Contract Act, 1872 states that the person of age of majority, sound mind and not disqualified by law are competent to contract.
Detailed explanation-3: -Any person who is not of the age of majority is a minor. In India, 18 years is the age of majority. Below the age of 18 years does not have the capacity to enter into a contract. A contract or agreement with a minor is null from the beginning, and no one can sue them.