Documents

Bba hebvb

Description
Description:
Categories
Published
of 28
All materials on our website are shared by users. If you have any questions about copyright issues, please report us to resolve them. We are always happy to assist you.
Related Documents
Share
Transcript
  Capacity to Contract   Section 10:  Section 11:  Who is a Minor?Section 3 of the Indian Majority Act, 1875  When he completes 18 years or  Where a guardian of person or property or both, has been appointed through a Court of Law he attains majority on completion of 21 years.  Nature of Minor’s Agreement 1. Whether the agreement is void or voidable?  - Case: MohoriBibeev. DharmodasGhose 1903)   2. No restitution except in certain cases(sec 65): only if the minor is a plaintiff 3. Beneficial agreements are valid contracts: benefits under partnership firm (Section 30 of the Partnership Act, 1932), no obligation4. No ratification on attaining the age of majority: Ratification of acts done on minor’s behalf 5. The rule of estoppel does not apply to a minor 6. Minor’s liability for necessaries: Section 68 7. Minor agent8. Minor's contract jointly with a major person:   Section 12: “A person is said to be of sound mind for the purpose of making a contract, if, at the time when he makes it, he is capable of understanding it and of forming a rational  judgment as to its effect upon his interests .”  Unsoundness may arise from: 1. Idiocy 2. Lunacy and insanity 3. Drunkenness
We Need Your Support
Thank you for visiting our website and your interest in our free products and services. We are nonprofit website to share and download documents. To the running of this website, we need your help to support us.

Thanks to everyone for your continued support.

No, Thanks
SAVE OUR EARTH

We need your sign to support Project to invent "SMART AND CONTROLLABLE REFLECTIVE BALLOONS" to cover the Sun and Save Our Earth.

More details...

Sign Now!

We are very appreciated for your Prompt Action!

x