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A contract to which a minor is a party, is known as:
  • a)
    Void ab initio
  • b)
    Voidable at the option of minor
  • c)
    Voidable at the option of other party    
  • d)
    Valid
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
A contract to which a minor is a party, is known as:a)Void ab initiob)...
Minors and Indian Contract Act, 1872. According to Section 3 of the Indian Majority Act, 1875, a person domiciled in India who is under the age of eighteen years, is a minor. Minor Agreements: A Minor is an incompetent person to enter into a contract subject to certain exceptions.
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Community Answer
A contract to which a minor is a party, is known as:a)Void ab initiob)...
Any contract where minor is a party, is "void ab initio" ... The essential element of a valid contract is the competence of parties to make a contract but minor does not have the capacity to contract...
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