“A Contract with minor is void ab-initio” Discuss?

The statement "A contract with a minor is void ab-initio" reflects a fundamental principle in mercantile law that pertains to contractual agreements involving individuals who are considered minors. A minor, in legal terms, is generally defined as an individual below the age of majority, which varies from jurisdiction to jurisdiction but is typically 18 years old. Mercantile law, also known as commercial law, governs transactions and agreements in the business and trade environment.

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