Direction: Given below is a statement of legal principle followed by a factual situation. Apply the principle to the facts given below and select the most appropriate answer.
LEGAL PRINCIPLES: 1. Parties to contract should be capable of entering in to contract, only then they can lay the foundation of a valid contract. 2. Every person is competent to contract who is of the age of majority, FACTUAL SITUATION: A minor agreed with B to become a tenant of his house and to pay Rs, 1,000 for the furniture therein. He paid Rs. 800 in cash and gave a promissory note for the balance. A occupied the premises and used the furniture for some months and then brought an action for refund of consideration, in this case DECISION: (Answer the question after reading the following paragraph.)
Direction: Given below is a statement of legal principle followed by a factual situation. Apply the principle to the facts given below and select the most appropriate answer.
Correct Answer
Explanation