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Which of the following statements are true? i. An agent must be a major. ii. An agent need not be…

Statements ii, iii and iv are true. Section 184 of the Indian Contract Act, 1872 permits a minor to act as an agent between a principal and third persons without becoming…

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Which of the following statements are true?
i. An agent must be a major.
ii. An agent need not be competent to contract.
iii. A minor can be an agent, but in such condition he will not be responsible to the principal.
iv. No consideration is necessary to create an agency.

Select one answer
Answer and explanation

Correct answer D

Statements ii, iii and iv are true. Section 184 of the Indian Contract Act, 1872 permits a minor to act as an agent between a principal and third persons without becoming responsible to the principal in that capacity; Section 185 requires no consideration to create agency.

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