Q357
A who is a minor takes loan from B. On attaining majority. A executes a bond in favour of B for the loan taken during the minority. Is A liable?
A.
A is liable as he executed the bond on attaining majority
B.
A is liable on the basis of doctrine of estoppels
C.
A is liable as he has ratified the agreement
D.
A is not liable as he cannot ratify the agreement on attaining majority
AnswerAnswer: Option D
Solution
Answer: Option D
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