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Which statement about a minor's capacity is correct?
AA minor can be a full partner in a firm
BA minor cannot accept any benefit under a contract
CA minor may be a beneficiary and enforce a contract made in his favour
DA minor can be adjudged insolvent
Answer & Solution
Correct answer: C. A minor may be a beneficiary and enforce a contract made in his favour
Though a minor cannot be bound, nothing prevents him from being a beneficiary; e.g. a promissory note executed in his favour can be sued upon by him.
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