A
A contract that can be canceled at the option of one party.
B
An agreement that is considered to have had no legal effect from its inception.
C
A legally enforceable digital agreement executed through a checkbox.
D
A conditional contract that requires regulatory approval to become valid.
Correct answer: (b) An agreement that is considered to have had no legal effect from its inception.
Explanation
Option B correctly defines 'void ab initio' as a legal act or agreement that is considered to have had no legal effect from its inception. The other options describe voidable contracts, digital click-wrap terms, or contingent contracts rather than void ab initio.
Same topic · past papers
UPSC has asked this before
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Which of the following labour related Acts have been amalgamated into the 'Code on Wages, 2019'? I. Minimum Wages Act II. Payment of Bonus Act III. The Contract Labour Act IV. Equal Remuneration Act Select the correct answer using the codes given below. Codes: -
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