Can a minor appointed as an agent?

Can a minor appointed as an agent?

Minor Liability in a Contract of Agency. section 182 of the Indian Contract Act, states that “An agent is a person employed to do any act for another or to represent another in dealings with third persons. A minor can be appointed as an agent. But a minor will not be liable for his act as an agent.

Who can be appointed as a agent?

Who can appoint an Agent? According to Section 183, any person who has attained the age of majority and has a sound mind can appoint an agent. In other words, any person capable of contracting can legally appoint an agent. Minors and persons of unsound mind cannot appoint an agent.

Can a minor enforce a contract?

A minor does have the ability to enter into a legal contract. The problem, however, is that the courts will not enforce most contracts involving a minor. Generally, if a minor makes a contract, the minor has the ability to void the contract until they reach the age of majority.

Is an agent who is legally authorized to act on behalf of another person party?

An agent, in legal terminology, is a person who has been legally empowered to act on behalf of another person or an entity. An agent may be employed to represent a client in negotiations and other dealings with third parties. The agent may be given decision-making authority.

Can a lunatic person be an agent?

Section 184 clearly states any person can be declared competent to be an agent, but this comes with a cautionary clause that even though a lunatic or a minor may be allowed to act as an agent he will not be held accountable to his/her principal.

What is an appointed agent?

Appointed agent means the person authorised in writing by an owner of land to make an application, appeal, referral or representation on the owner’s behalf.

Who is minor when can a minor enter into a valid contract?

Minors. Any person who is not of the age of majority is a minor. In India, 18 years is the age of majority. Below the age of 18 years does not have the capacity to enter into a contract.

Under what circumstances can a minor enter a contract?

Minors (those under the age of 18, in most states) lack the capacity to make a contract. So a minor who signs a contract can either honor the deal or void the contract. There are a few exceptions, however. For example, in most states, a minor cannot void a contract for necessities like food, clothing, and lodging.

Who is an agent under the law of agency?

agency, in law, the relationship that exists when one person or party (the principal) engages another (the agent) to act for him—e.g., to do his work, to sell his goods, to manage his business. The law of agency thus governs the legal relationship in which the agent deals with a third party on behalf of the principal.

What are the 4 types of agents?

The Four Main Types of Agent

• Artists’ agents. An artist’s agent handles the business side of an artist’s life.
• Sales agents.
• Distributors.
• Licensing agents.

What is minor agreement?

A minor’s agreement is when a minor enters into an agreement (which is void ab initio according to the law). Section 10 of the Indian Contract Act, says that the parties entering into a contract must be competent to contract (suitable/qualified by law).

Who are the persons disqualified by law?

3] Disqualified Persons i.e. do not have the capacity to contract. The reasons for disqualification can include, political status, legal status, etc. Some such persons are foreign sovereigns and ambassadors, alien enemy, convicts, insolvents, etc.

Can a minor act as an agent under the law?

Minor as Agent: A minor can act as an agent according to the provision of the law of agency principle should have the capacity to contract. But no emphasis is seen with regard to the agent`s capacity to contract.

Can a minor make an appointment of an attorney?

Therefore, a minor’s appointment of an agent or attorney and their acts are voidable, unless if the act with reference to which the appointment of the agent or attorney is made for is one which would be void if performed by the minor[i]. A minor can ratify or affirm such appointment[ii].

How can a minor become a shareholder in a company?

But by obtaining fully paid up shares on the basis of transfer, the minor can get shareholder ship in a Company. Minor as Agent: A minor can act as an agent according to the provision of the law of agency principle should have the capacity to contract. But no emphasis is seen with regard to the agent`s capacity to contract.

Are contracts entered into by a minor voidable?

Contracts entered into by a minor are voidable subject to certain exceptions. Therefore, a minor’s appointment of an agent or attorney and their acts are voidable, unless if the act with reference to which the appointment of the agent or attorney is made for is one which would be void if performed by the minor[i].