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Which of the following is not true in case of a minor?
  • a)
    Rule of estoppel
  • b)
    Ratification of terms on attaining majority
  • c)
    Contract with a minor is valid 
  • d)
    All the above.
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Which of the following is not true in case of a minor?a)Rule of estopp...
Minors (those under the age of 18, in most states) lack the capacity to make a contract. So a minor who signs a contract can either honor the deal or void the contract. There are a few exceptions, however. For example, in most states, a minor cannot void a contract for necessities like food, clothing, and lodging.
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Most Upvoted Answer
Which of the following is not true in case of a minor?a)Rule of estopp...
An agreement with minor cannot be ratified on attaining majority.Agreement with minor is void ab initio
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Which of the following is not true in case of a minor?a)Rule of estoppelb)Ratification of terms on attaining majorityc)Contract with a minor is validd)All the above.Correct answer is option 'D'. Can you explain this answer?
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