Multiple choice

A contract with or by a minor is a

  1. valid contract

  2. void contract

  3. voidable contract

  4. voidable contract at the option of either party
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The agreement (not contract) with or by a minor is void ab-initio. Voidable contract is valid at the option of one or more of parties but not at the option of other party. A valid contract contains all the essential elements of a contract.

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