Multiple choice

Which of the following statement is true?

  1. A contract with a minor is voidable at the option of the minor.

  2. An agreement with a minor can be ratified after he attains majority.

  3. A person who is usually of an unsound mind cannot enter into contract even when he is of a sound mind.

  4. A person who is usually of a sound mind cannot enter into contract when he is of unsound mind.
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

A person generally of sound mind lacks contractual capacity during moments of unsound mind. Contracts with minors are void (not voidable), minors' agreements cannot be ratified upon attaining majority, and a person usually of unsound mind CAN contract during lucid intervals.

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