Capacity of Parties| Contract with Minor| Business Law| Malayalam online class| Commerce e learn
Автор: Commerce E Learn
Загружено: 2020-09-19
Просмотров: 26622
Описание:
Welcome to Commerce E Learn !!!!
Topics covered;
CAPACITY TO CONTRACT
MINORS
Rules Regarding Minor's Agreements
PERSONS NOT COMPETENT TO CONTRACT
(i) Minors
(ii) Persons of unsound mind
(iii) Persons disqualified for contracting by any other law.
Rules Regarding Minor's Agreements
1. An agreement with or by a minor is void ab initio
2. A minor can be a promisee or a beneficiary:
3. No ratificationwithminor
4. No restitution
5. No Estoppel:
6. Minor’s property liable for necessaries
7. Minor as an agent
8. Minor as a partner
9. Minor as an insolvent
#Commerceelearn #Capacitytocontract #minor #contractwithminor
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