CMA Inter Paper 5 Business Laws And Ethics Practice Questions - CMA Intermediate Paper 5 Business Laws And Ethics Exam

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A contract entered into by a minor under the Indian Contract Act, 1872, as settled in Mohori Bibee v. Dharmodas Ghose, is:

Voidable at the option of the minor Void ab initio Valid but unenforceable against the minor only Enforceable once the minor attains majority

Correct Answer:

Void ab initio

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