New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    A contract with a minor is _________

    A Valid Correct Answer Incorrect Answer
    B Void Correct Answer Incorrect Answer
    C Voidable at the instance of the minor Correct Answer Incorrect Answer
    D Voidable at the instance of the other party Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    A minor is one who has not attained the age of 18, and for every contract, the majority is a condition precedent. Minor’s agreement is a void one, because it has no value in the eye of the law and therefore, it is null and void as it cannot be enforced by either party to the contract.

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