Questions and Answers
What is the significance of the Indian Majority Act in relation to minors and contractual agreements?
The Indian Majority Act states that individuals below the age of 18 are considered minors and cannot enter into binding contracts, protecting them from exploitation.
How do void agreements impact contracts made by minors?
Agreements made by minors are typically void, meaning they cannot be enforced in a court of law, allowing minors to avoid legal obligations.
What is meant by beneficial agreements for minors, and can such agreements be enforced?
Beneficial agreements, which provide advantages or necessities to minors, can be enforced if they serve the minor's interests, like contracts for educational supplies.
In what circumstances can minors be liable in partnerships?
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What are the implications of apprenticeship contracts for minors under the Indian Contract Act?
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How does a court view the restitution of goods given to minors, such as in the case of fraud?
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What limits exist on a minor's liability for necessaries of life according to the Indian Contract Act?
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Can parents be held liable for contracts entered into by their minor children?
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What is required of a minor if they discontinue their apprenticeship contract before the apprenticeship period ends?
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Under the Trade Unions Act, 1926, what rights does a minor have as a member of a registered trade union?
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Can a minor ratify an agreement upon reaching the age of majority, and why?
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What happens if a minor borrows money and later executes a promissory note when they attain majority?
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What is the principle of estoppel, and how does it apply to minors misrepresenting their age?
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What must a minor do if they wish to enter a valid contract regarding property after their majority?
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What could be the repercussions for a minor who misrepresents their age to induce someone into a contract?
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How does the law treat beneficial agreements made with minors?
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What does the term incapacity mean in the context of contracts involving minors?
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What is the legal status of an agreement entered into by a minor?
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Can a minor be compelled to return benefits received under a void agreement?
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Under what conditions can a minor create a valid contract for their benefit?
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What are the limits of a minor's liability in a partnership?
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Is a minor allowed to participate in the management of a partnership?
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What does the Apprentices Act 1961 allow for minors?
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How does a minor's role in a partnership compare to that of an adult partner?
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Study Notes
Apprenticeship and Minors
- Minors must compensate if they terminate their apprenticeship contract before the period ends.
- Under The Trade Unions Act, 1926, minors can join registered trade unions and enjoy member rights, but cannot hold office positions.
Ratification of Agreements
- Agreements with minors can't be ratified upon reaching the age of majority; they are void ab-initio, meaning they have no legal existence from the start.
- A minor can’t enforce contracts made during minority after attaining majority; they must create new agreements.
Non-applicability of Estoppel
- A minor falsely claiming to be of legal age creates no binding agreement; contracts with minors are void from the start.
- Minors are not required to return benefits received from void agreements; creditors cannot pursue repayment from minors.
Beneficial Agreements
- Agreements beneficial to minors can be valid; minors can receive benefits without responsibilities.
- Minors can lend money and claim repayment, but cannot be held liable for losses in partnerships, allowed only to share profits.
Apprenticeship for Minors
- The Apprentices Act, 1961 facilitates training for minors in factories and commercial setups.
Liability for Necessaries
- Minors are responsible for paying for necessaries of life when provided, but repayment can only come from their property, not personally.
- Necessaries include basic needs like food, shelter, medical care, and education, excluding luxury items.
Parents' Liability
- Creditor’s rights do not extend to a minor’s parents for debts incurred by the minor, regardless of the nature of goods or services.
- Parents may only be liable if the minor is acting as their agent.
Agency and Minors
- A minor can act as an agent but lacks the authority to appoint an agent.
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Description
This quiz covers key aspects of the Trade Unions Act, 1926, focusing on the rights of minors as members of trade unions. It also discusses the obligations of minors under apprenticeship contracts, particularly regarding compensation for discontinuation of training. Test your knowledge on the legal status and rights of minors in trade unions.