agreement made by minor is void-ab-initio
minor can't be declared insolvent
rule of estoppel is not applicable on minor
minor can be promisee or a beneficiary
doctrine of restitution is not applicable on minor
an agreement with minor is not creat any legal rights and duties
No........ according to Indian contract Act a person must have attained the age of 18 to enter in to a contract or else that contract becomes void and null contract as it is a contract made with minor............
No. A minor is a person who is not of legal age to sign a contract and an insurance policy is a legal contract. A minor may or may not have the ability, depending on state laws and regulations to own a vehicle.
If the minor is under the legal age of emancipation, any so-called "contract" that THE MINOR SIGNS is not legal or valid and therefore is unenforceable. However, if the minor's parent/guardian signs for them, they may be obligated to the terms of the agreement.
Your parents or legal guardians can request one for you. As a minor, you can't get one yourself as you don't have the legal authority to accept the contract terms.
In the U.S. no minor can enter into any legal contract with their parent or legal guardian.
A minor cannot enter into a legal contract. Any loan they are a party to is invalid.
No, they cannot sign a legal contract. They must be 18 or have a co-signer.
according to INDIAN LAW minor is the person who did not attain the age of 18. he did not undarstand what is right and what is wrong for him. no one can sue case against him
You are legally considered an adult in New York at 18 and can legally enter into a contract. Anyone less than 18 years of age is considered a minor and can not enter into a legal contract.
Under Sec. 3 of te Indian Majority Act, 1875, a minor is a person "who has not completed the age of 18 years of age". If a guardin for his person or property is appointed before he attains the age of 18 years of age, then the minority of that minor extends until he attains the age of 21 years.Section 11 of the Indian Contract Act, 1872 prescribes that "a minor is not competent to contract" Therefore, any contract entered into with a minor is void ab initio(= from the beginning) and hence unenforceable in a Court of Law. It was held in Mohari Bibi vs. Dharmadas Ghosh, that "A contract by aminor is not contract at all" In fact, it cannot be ratified by the minor on his attaining his majority age.M.J. SUBRAMANYAM, XCHANGING TECHNOLOGY SERVILCES LTD.
No, not unless a parent or legal guardian also signs. You must be 18 to enter into a legally binding contract.