1321. On attaining the age of majority a minor’s agreement :
A. Can be ratified
B. Cannot be ratified *
C. Becomes void
D. Becomes valid
1322. A minor borrows money by misrepresenting his age:
A. He can be sue for fraud
B. He is immune from fraud claims *
C. The money will be returned to him.
D. None of the above
1323. A contract is signed by a minor to buy certain necessities. In such a case :
A. He is not responsible for paying
B. He is liable to pay *
C. His estate is liable to pay
D. His guardian is liable to pay
1324. A person is usually of unsound min, but occasionally of sound mind :
A. He can sign a contract if he is in good mind *
B. He can’t even sign a contract if he is in good mind
C. He can’t sign a contract at all
D. None of the above
1325. A contract by an idiot is :
A. Voidable
B. Enforceable
C. Invalid
D. Void ab initio *
1326. Contracts that were made prior to war with an alien foe are against public policy:
A. Reappear after the war has ended and suspend
B. Dissolved *
C. Not affected at all
D. Void ab initio
1327. The contractual capacity of a company is regulated by :
A. The terms of its articles of association and the Companies Act *
B. The conditions of a contract with a third party
C. Its Articles of Association
D. Its prospectus
1328. An agreement with a minor is :
A. Absolutely void *
B. A voidable contract
C. A contract which is valid
D. None of these
1329. Mohiri Bibi V Bharmodas Ghose, (1903) 301 Cal. 539 case deals with :
A. Communication of offer
B. Communication of acceptance
C. A minor’s agreement *
D. Fraud
1330. An inability to contract can result from:
A. Want of consideration
B. Unsoundness of mind *
C. Illegality of object
D. Uncertainty of object