Under sections 11, 12 and 68 of the Indian Contract Act, 1872, which statements are correct?
A. Every person, including every minor, is competent to contract.
B. A supplier of suitable necessaries to a person incapable of contracting may claim reimbursement from that person’s property.
C. A person is competent even while unable to understand the contract or judge its effect.
D. A person usually of unsound mind may contract during a lucid interval if the statutory capacity test is satisfied.
E. Marriage automatically authorises every wife to bind her husband in all business contracts.
B and D only
B and D are correct. Section 68 permits reimbursement for suitable necessaries from the property of an incapable person; it does not make a minor personally competent to contract. Section 12 recognises capacity during a lucid interval when the person can understand the contract and judge its effect. The universal claims in A, C and E are false.
Important Questions from Law Relating To Contracts
- Which one of the following is invalid for the relationship among the agent, the sub-agent and the principal?
- Match List I with List II
List I List II Features Remedies for breach of contract A. Breach of promise to marry I. Suit for injuction B. Part performance (as much as earned) II. Rescission of contract C. Absolvation from all obligations III. Sue for quantum meruit D. Mode of securing the specific performance of negative terms of contract IV. Vindictive damage
Chose the correct answer from the option given below: - Working Journalists and other Newspaper employees and Miscellaneous Provisions Act 1955 specified __________ service is eligible for gratuity.
- What does 'Civil Contempt' under the contempt of Courts Act 1971, mean?
- Body which have adjudicatory powers to settle disputes among Tele communication Service providers is
