Is purchase of property for the benefit of a minor by his maternal uncle valid?

Related MCQs

• A minor enters into agreement representing himself to be a major consider the following statement: 1. Minor commits fraud if the other party does not have personal knowledge of his age 2. Such agreement is not enforceable 3. The doctrine of estoppel does not apply in minor's case 4. Other party is entitled to get back the benefit passed to minor, if innocent about his age Which of the statements given above are correct?
• After a firm is dissolved, every partner or his representative may restrain any other partner or his representative from carrying on similar business in the firm's name or by using firm's property for own benefit, until:
• M is a minor, B, the borrower, approaches M for a loan on the basis of a mortgage of the house owned by B. Hence, M advances the money and B executed a mortgage in favour of M, a minor. In these circumstances
• A contract for the benefit of the minor is :
• A minor who is admitted to the benefit of partnership:
• When a minor is admitted to the benefit of the partnership, which of the following statements is false:
• A minor may give public notice of his decision to continue or withdraw from the firm on his attaining majority within:
• On attaining majority when the minor partner elects not to become a partner, his share is not liable for any acts of the firm done —
• When a minor on attaining the age of majority, has elected to become a partner, he becomes personally liable to third parties for all the acts of the firm from the date of his:
• A, while filling up the insurance application form, states his age as 25 believing it to be true. His actual age was 27. The Life Insurance Corporation issued a policy in his favour charging a lower premium than what it should have charged if the actual age had been given. This is a case of