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Judiciary Exams Exam  >  Judiciary Exams Tests  >  Test: Position of a Minor in Contract - Judiciary Exams MCQ

Test: Position of a Minor in Contract - Judiciary Exams MCQ


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10 Questions MCQ Test - Test: Position of a Minor in Contract

Test: Position of a Minor in Contract for Judiciary Exams 2024 is part of Judiciary Exams preparation. The Test: Position of a Minor in Contract questions and answers have been prepared according to the Judiciary Exams exam syllabus.The Test: Position of a Minor in Contract MCQs are made for Judiciary Exams 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Position of a Minor in Contract below.
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Test: Position of a Minor in Contract - Question 1
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According to the Indian Contract Act of 1872, what legal capacity do minors lack in relation to contracts?

Detailed Solution for Test: Position of a Minor in Contract - Question 1
Minors lack the legal capacity to fully understand the consequences of a contract according to the Indian Contract Act of 1872. This means that they are considered incapable of grasping the full implications and responsibilities that come with entering into a contract. This provision exists to protect minors from potentially harmful agreements that they may not comprehend fully at their age.
Test: Position of a Minor in Contract - Question 2
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What is the legal status of a minor's agreement according to Section 11 of the Indian Contract Act?

Detailed Solution for Test: Position of a Minor in Contract - Question 2
According to Section 11 of the Indian Contract Act, a minor's agreement is considered void ab initio, which means it is invalid from the outset. This legal principle ensures that minors are protected from the consequences of entering into contracts due to their lack of full legal capacity.
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Test: Position of a Minor in Contract - Question 3
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What legal principle highlighted in the Indian Contract Act was central to the court's ruling in the case of Mohri Bibi v. Dharmodas Ghose?

Detailed Solution for Test: Position of a Minor in Contract - Question 3
The court's ruling in the case of Mohri Bibi v. Dharmodas Ghose emphasized the importance of the parties possessing the legal capacity to enter into a contract as outlined in Section 10 of the Indian Contract Act. This legal principle ensures that the parties involved are of legal age and sound mind, making them competent to enter into a contract.
Test: Position of a Minor in Contract - Question 4
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What was the primary contention of the plaintiff in the case of Mohri Bibi v. Dharmodas Ghose regarding the mortgage agreement with the moneylender?
Detailed Solution for Test: Position of a Minor in Contract - Question 4
The plaintiff's primary contention in the case of Mohri Bibi v. Dharmodas Ghose was that the mortgage agreement was void and unenforceable due to his minority at the time of signing. Despite mortgaging his property to secure a loan while still a minor, the plaintiff argued for the cancellation of the mortgage on the grounds of his legal incapacity at the time of entering into the agreement.
Test: Position of a Minor in Contract - Question 5
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What legal provision allows courts to order a minor seeking to cancel a contract to return any benefits received?
Detailed Solution for Test: Position of a Minor in Contract - Question 5
Section 41 of the Specific Relief Act, 1877, empowers courts to direct a minor, who is seeking to annul a contract, to restore any benefits received under that contract. This provision ensures fairness and equity in dealings involving minors, safeguarding their interests while upholding legal principles.
Test: Position of a Minor in Contract - Question 6
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In the context of minors entering into agreements, which of the following statements is true regarding their liability in contract and tort situations?
Detailed Solution for Test: Position of a Minor in Contract - Question 6
When a minor enters into an agreement, it is important to consider the circumstances surrounding their liability in both contract and tort situations. If a tort is directly connected to the contract, the minor can be held liable, as seen in specific legal cases. This distinction is crucial in understanding the legal implications of a minor's actions within the context of agreements.
Test: Position of a Minor in Contract - Question 7
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What is the primary purpose of contracts for necessaries in relation to minors' agreements?
Detailed Solution for Test: Position of a Minor in Contract - Question 7
Contracts for necessaries serve the crucial purpose of ensuring that minors have access to vital goods and services necessary for their survival and well-being. These contracts are designed to protect minors and provide them with essential items like food, clothing, and shelter, which are fundamental for their welfare. By allowing minors to enter into agreements for necessaries, society aims to safeguard their basic needs and prevent exploitation.
Test: Position of a Minor in Contract - Question 8
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What is the key factor determining a minor's liability in contracts for necessaries?
Detailed Solution for Test: Position of a Minor in Contract - Question 8
The financial resources of the minor play a significant role in determining their liability in contracts for necessaries. Minors are typically held accountable for the value of the goods or services they receive under such contracts, considering whether the items were essential for their well-being. This factor helps ensure that minors are not burdened with contracts beyond their financial means, protecting them from potential exploitation and unfair obligations.
Test: Position of a Minor in Contract - Question 9
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What legal responsibility do parents or guardians bear regarding contracts made by minors?
Detailed Solution for Test: Position of a Minor in Contract - Question 9
Parents or guardians bear legal responsibility for contracts made by minors only if those contracts benefit the minor and align with their best interests. This responsibility ensures that parents or guardians oversee agreements that are in the minor's favor and well-being. It's crucial for parents or guardians to be accountable for contracts that serve the minor's interests, emphasizing the protective role they play in the minor's legal affairs.
Test: Position of a Minor in Contract - Question 10
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In what scenario can parents or guardians not be held responsible for contracts made by minors?
Detailed Solution for Test: Position of a Minor in Contract - Question 10
Parents or guardians cannot be held responsible for contracts made by minors that are to the minor's disadvantage. This exemption ensures that parents or guardians are not unfairly burdened with contracts that do not serve the minor's best interests. By limiting their liability to contracts that benefit the minor, the legal system upholds the principle of safeguarding minors from detrimental agreements that may harm their well-being.
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