Asked by karamjeet singh on Jun 18, 2024

verifed

Verified

________ makes any contract valid from its inception and can be done effectively only after a minor reaches majority.

A) Disaffirmance
B) Emancipation
C) Ratification
D) Consideration

Ratification

The act of giving formal consent to a treaty, contract, or agreement, making it officially valid.

Minor

An individual under the legal age of adulthood, often considered as under 18 years old in many jurisdictions.

Majority

More than half of a group or quantity, often used to describe the greater part or number in a community or collection of items.

  • Ascertain the legal repercussions of ratification and its role in contracts executed by minors.
verifed

Verified Answer

HC
Hasrat ChauhanJun 25, 2024
Final Answer :
C
Explanation :
The act of affirming the contract and surrendering the right to avoid the contract is known as ratification.Ratification makes a contract valid from its inception.Because ratification represents the former minor's election to be bound by the contract,he cannot later disaffirm.Ratification can be done effectively only after the minor reaches majority.