B.A./B.COM. LL.B. (5 YEAR LAW / U.G. LAW) Panjab University Entrance Exam 2016 : MCQs and Answer Key

Practice Mode:
71.

A Contract With Minor Is

A: Valid
B: Invalid
C: Voidable
D: Void Ab Initio

The answer is: D

Explanation

A contract with a minor is generally considered void ab initio (legally void from the start). However, contracts by minors for items that are not necessities are voidable. This means that minors can disaffirm their contracts provided that the contracts are not for necessities.