Which of the following statements are true? (i) Minor's contract can be ratified on attaining majority.…
Under section 11 of the Indian Contract Act, 1872, a minor is not competent to contract and, following Mohori Bibee v. Dharmodas Ghose, a minor's agreement is void ab…
Choose your answer
Which of the following statements are true?
(i) Minor's contract can be ratified on attaining majority.
(ii) Minor's contract cannot be ratified on attaining majority.
(iii) Minor's contract can be ratified jointly by both the parties to the contract.
(iv) Minor is not liable under minor's contract.
Answer and explanation
Correct answer B
Under section 11 of the Indian Contract Act, 1872, a minor is not competent to contract and, following Mohori Bibee v. Dharmodas Ghose, a minor's agreement is void ab initio. It cannot be ratified on attaining majority and the minor is not liable under it, so statements (ii) and (iv) are true, making "(ii) and (iv)" correct.
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