Which of the following statements are true I Minor 39 s contract can be ratified on attaining m...........

Indian Contract Act (ICA)1872 Capacity of Contract

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.

V. Minor contract is an enforceable contract.

I and III

V and II

II & IV

II and III

Only statements at H & IV are correct.

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