Vidyalelo
Commerce · Q552

Insurance

Graduate and Post Graduate · Commerce · question 552

Q552

Who of the below mentioned parties is not eligible to enter into a contract?

A.
Housewife
B.
Businessman
C.
Government employee
D.
Minor
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Minor is not eligible to enter into a contract. Minors are individuals who are under the age of 18. Minors are not considered to have legal capacity, meaning they do not have the ability to make contracts with other people. If a minor signs a contract, they have the ability to void the deal with certain exceptions.