CMA Foundation · Fundamentals of Business Laws and Business Communication · Capacity of Parties, Free Consent
According to Section 11, a person's competence to contract by age depends on which of the following?
Competence by age depends on the age of majority according to the law to which the person is subject, as Section 11 states. The footnote refers to the Indian Majority Act, 1875. The section itself does not fix a figure or leave it to the parties.
- AThe age of majority according to the law to which he is subjectCorrect
- BThe age at which he started earning
- CThe age fixed by the other contracting party
- DEighteen years in every case, whatever law applies
Explanation
Section 11 refers to the age of majority according to the law to which the person is subject, and its footnote points to the Indian Majority Act, 1875. It does not leave the age to the parties, earning capacity or a fixed figure stated in the section.
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