Question

Select one or more

Minors:

a. are generally bound to contracts which they negotiate

b. can never be bound by the contracts that they enter

c. generally make their parents responsible for contacts which they negotiate

d. are not generally bound by contracts which they enter

Answer 1

Ans: are not generally bound by contracts which they enter.

Minors or what they are generally referred to as infants in the legal terminology are not usually and generally bound by contracts in the minor capacity, though the party with which the contract is made is bound legally. Once a minor reaches the majority age, the law gives him/her the right to ratify it but there are exceptions to it wherein the minors cannot disaffirm or renounce a contract such as in case of necessities or in case of purchase or sale of real estate.