The CA Hub

CAF-4 · Chapter 3 · Question 10 of 15

If a minor and an adult enter into a joint agreement with a third party, who is liable to the third party?

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: A) Only the adult is liable.

Explanation

In a joint contract between a minor and an adult, the minor has no liability, and the entire liability for the performance of the contract falls on the adult.

All 15 questions in Chapter 3Capacity of parties MCQs with answers

More Capacity of parties MCQs

Sponsored slot availableRun a CA academy or hiring firm? Put your name in front of students preparing for this exam.Advertise →