Choose the correct answer from the alternatives given. Which one is correct
A
A minor can act as a principal
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B
A minor cannot act as an agent
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C
A minor can act as an agent
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D
None of these
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Solution
The correct option is C A minor can act as an agent Minor is an individual who is below 18 years of age and cannot legally participate in any business.
The only work a minor can do is act as an agent for firm. As an agent he brring up customers for business and earn commission out of it. Moreover, a minor can even participate but jointly with an adult who is already a part of firm.