Which of the following statements is true regarding the capacity of minors to enter into contracts?

Contracts for necessaries are enforceable

Contracts for necessaries are void

Minors can enter any contract without restrictions

Which of the following are true based on Bryan (17) purchasing Mr. Spohn's (20+) car?

Mr. Spohn may avoid the contract.

Neither one may avoid the contract.

Either one may avoid the contract.

Which option best describes why the contracts of minors are voidable?

To protect them from being taken advantage of.

Minors lack the financial resources (money) necessary.

Minors are not capable of making sound decisions.

A group of young people thought it would be a good idea.

What are the elements to form a valid contract?

offer, acceptance, consideration, intention to create legal relation, capacity

offer, acceptance, intention to create legal relation, consideration

offer, acceptance, invitation to treat, consideration, capacity

offer, acceptance, benefit, competency, invitation to treat

A minor has the capacity to contract when ______

For necessities like food, clothing, and shelter

For contracts valuing over RM1 million.

The new iPhone comes out in stores worldwide.

The minor wishes to do so at his own time and convenience.

What is the significance of capacity in contract law?

A. It determines the enforceability of a contract

B. It establishes the consideration for the contract

C. It defines the terms of the contract

D. It provides an escape clause for one party

In which situation can a person of unsound mind enter into a contract?

When the contract is for necessaries

They cannot enter into any contract

When they are temporarily lucid

When they are under supervision

In contract law, what does the term 'capacity' refer to?

The ability to understand the contract

The willingness to perform the contract

The legal age to enter into a contract

The financial resources of the parties

Which of the following contracts can a minor enter into without it being void?

Contract for entertainment services

Which of the following best describes the term 'necessaries' in contract law?

Items that are essential for survival

Luxury items that enhance lifestyle

Items that are not legally binding

A minor has the capacity to contract when...

For necessities like food, clothing, and lodging

Only valid on contracts valuing over $1 Million

It depends on the state you live in

Which of the following is a contract?

Betty offers Lou the book in exchange for Lou’s promise to pay twenty-five dollars. Lou accepts.

Betty offers to give a book to Lou. Lou accepts.

Betty offers to give Lou the book if Lou promises to pick it up at Betty’s house. Lou agrees.

Which of the following statements is FALSE?

A minor does not have the capacity to enter into any type of contract

An advertisement for a reward of RM800 for the return of a lost dog is a proposal

There is a presumption that no intention to create a legal relation exists when a husband and a wife deal with one another

A promise to compensate a past voluntary act is a valid contract

According to Sec 10 of Contract Act, who is competent to contract?

is not disqualified from contracting by any law which he is subject

Sec 4 of the Age of Majority Act provides that......

(c) any provision in any other written law contained fixing the age of majority for the purposes of that written law.

Nothing in this Act shall affect— (a) the capacity of any person to act in the following matters, namely, marriage, divorce, dower and adoption

(b) the religion and religious rites and usages of any class of persons within Malaysia;

Relevant case law related to Capacity to Contract....

Government of Malaysia v Gurcharan Singh

The general rule in Malaysia is that contracts made by minor are void., except

Contracts of Employment & Contract of Insurance

Decision in the case of University of Malaya v Lee Ming Chong[1986] 2 MLJ 148

There should be judgment for the University in the sum of $5,000

Services Rendered, Education and Training That Will Benefit a Minor are Considered as Necessaries. Which cases clearly explained above priniciple?

Government of Malaysia v Gurcharan Singh & Ors

University of Malaya v Lee Ming Chong

Quiz on Capacity to Contract

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Financial Services Act 2013

Contracts Act 1950

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Quiz on Capacity to Contract

40 questions

What is the age of majority according to the Age of Majority Act 1971 in Malaysia?

Which section of the Contracts Act 1950 defines the capacity to contract?

In the case of Mohori Bibee v Dhurmodas Ghose, what was the ruling regarding contracts made by minors?

Under the Contracts Act, a person is said to be of sound mind if they can:

Which of the following is NOT a category of persons who lack capacity to contract?

What is the effect of a contract entered into by a person of unsound mind?

Which Act governs the legal issues pertaining to insurance in Malaysia?

In the context of contracts for necessaries, which of the following is considered a necessary?

What is the minimum age for a female minor to marry under the Law Reform (Marriage and Divorce) Act 1976?

Which of the following statements is true regarding the capacity of minors to enter into contracts?

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