1. Only the parents, the adopters or the guardians shall effect deals on behalf of the minors, who have not reached the age of 14 years (the young minors), with the exception of the deals, pointed out in Item 2 of the present Article.
Toward the deals with his property, effected by the legal representatives of the young minor, shall be applied the rules, stipulated by Items 2 and 3, Article 37 of the present Code.
2. The minors of from 6 to 14 years of age shall have the right to independently effect:
1) petty everyday deals;
2) the deals, aimed at deriving a free profit, which are not liable to the notary's certification or to the state registration;
3) the deals, involved in the disposal of the means, provided by the legal representative or, upon the latter's consent, by a third person for a definite purpose or for a free disposal.
3. The property responsibility by the young minor's deals, including by the deals he has effected independently, shall be borne by his parents, adopters or guardians, unless they prove that the obligation has been violated not through their fault. These persons, in conformity with the law, shall also be answerable for the damage, caused by the young minors.
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