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Who among the following is not disqualified by law to enter in to contract?
1 . A major person.
2 . A lunatic.
3 . Insolvent person.
4 . Diplomatic staff of foreign states.
  • a)
    1 & 2
  • b)
    2 & 3
  • c)
    3 & 4
  • d)
    1 & 4.
Correct answer is option 'D'. Can you explain this answer?
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Who among the following is not disqualified by law to enter in to cont...
Answer:
Disqualification to Enter into a Contract:
The question asks who among the following is not disqualified by law to enter into a contract. Let's examine each option to determine the correct answer.
1. A major person:
- A major person refers to an individual who has reached the age of majority, which is typically 18 years old.
- A major person is legally competent to enter into a contract and is not disqualified by law.
2. A lunatic:
- A lunatic refers to a person who is mentally ill or insane.
- A lunatic is disqualified by law to enter into a contract as they lack the mental capacity to understand and consent to the terms of the contract.
3. Insolvent person:
- An insolvent person refers to an individual who is unable to pay their debts.
- An insolvent person is disqualified by law to enter into a contract as they may not be able to fulfill their obligations under the contract.
4. Diplomatic staff of foreign states:
- Diplomatic staff of foreign states refers to individuals who hold diplomatic positions representing their country in another country.
- Diplomatic staff of foreign states are not disqualified by law to enter into a contract.
Conclusion:
- Based on the above analysis, the correct answer is D: 1 & 4.
- A major person and diplomatic staff of foreign states are not disqualified by law to enter into a contract.
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Who among the following is not disqualified by law to enter in to contract?1 . A major person.2 . A lunatic.3 . Insolvent person.4 . Diplomatic staff of foreign states.a)1 & 2b)2 & 3c)3 & 4d)1 & 4.Correct answer is option 'D'. Can you explain this answer?
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Who among the following is not disqualified by law to enter in to contract?1 . A major person.2 . A lunatic.3 . Insolvent person.4 . Diplomatic staff of foreign states.a)1 & 2b)2 & 3c)3 & 4d)1 & 4.Correct answer is option 'D'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Who among the following is not disqualified by law to enter in to contract?1 . A major person.2 . A lunatic.3 . Insolvent person.4 . Diplomatic staff of foreign states.a)1 & 2b)2 & 3c)3 & 4d)1 & 4.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Who among the following is not disqualified by law to enter in to contract?1 . A major person.2 . A lunatic.3 . Insolvent person.4 . Diplomatic staff of foreign states.a)1 & 2b)2 & 3c)3 & 4d)1 & 4.Correct answer is option 'D'. Can you explain this answer?.
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