Indian Polity · Polity
Under the Indian Contract Act, 1872, agreements made by a minor are void ab initio. Which statement correctly describes a legal exception regarding a minor's capacity or liability?
- 1A minor can be held personally liable for all contracts entered into with verbal permission.
- 2A minor's estate can be held liable for the supply of necessaries suited to their condition in life.✓
- 3A minor can bind themselves personally for repayment of luxury loans or allowances.
- 4A minor can be personally sued for breach of regular commercial contracts if they are earning an income.
Correct answer
A minor's estate can be held liable for the supply of necessaries suited to their condition in life.
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