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Principle: According to Law, a Person is Deemed to Have Attained the Age of Majority When He Completes the Age of 18 Years, Except in the Case of a Person Where a Guardian of a Minor’S Person Or

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Question

This question consists of principles and facts. The principal may or may not be true in the real and legal sense, yet you have to conclusively assume them to be true for the purposes of this Section. In other words, in answering the question, you must not rely on any principle except the principle that is given hereinbelow for the question.  
Further, you must not assume any facts other than those stated in the question. The objective of this section is to test your interest in the study of law, research aptitude, and problem-solving ability. 
Therefore, to answer a question, the principle is to be applied to the given facts and to choose the most appropriate option.

Principle: According to law, a person is deemed to have attained the age of majority when he completes the age of 18 years, except in the case of a person where a guardian of a minor’s person or property has been appointed under the Guardians and Wards Act, 1890 or where the superintendence of a minor’s property is assumed by a Court of Wards. Indian law expressly forbids a minor from entering into a contract. Hence, any contract entered into by a minor is void­ab­initio regardless of whether the other party was aware of his minority or not. Further, though a minor is not competent to contract, nothing in the Contract Act prevents him from making the other party bound to the minor.

Facts: Lal executed a promissory note in favour of Gurudutt, aged 16 years stating that he would pay Gurudutt a sum of Rs. 2 Lakhs when he attains the age of majority. On attaining the age of 18, Gurudutt demanded the amount from Lal, who refused to pay. Gurudutt wants to take legal action against Lal. Identify the most appropriate legal position from the following:

Options

  • Gurudutt should not have entered into a contract with Lal when he was a minor.

  • Lal was not aware of the fact that Gurudutt was a minor.

  • Lal argues that as per the Guardians and Wards Act, 1890, Gurudutt can claim the money only after he attains the age of 21.

  • A promissory note duly executed in favour of a minor is not void and can be sued upon by him because he thought incompetent to contract, may yet accept a benefit.

MCQ
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Solution

A promissory note duly executed in favour of a minor is not void and can be sued upon by him because he thought incompetent to contract, may yet accept a benefit.

Explanation:

A promissory note duly executed in favour of a minor is not void and can be sued upon by him because he thought incompetent to contract, may yet accept a benefit. A minor by law is incompetent to contract but can accept a benefit on reaching maturity.

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Indian Contract Act (Entrance Exams)
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2016-2017 (May) Set 1

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Therefore, to answer a question, the principle is to be applied to the given facts and to choose the most appropriate option. 

Principle: Whoever takes away with him any minor less than sixteen years of age if a male, or less than eighteen years of age if a female, out of the custody of parents of such minor without the consent of such parents, is said to commit no offence.

Facts: ‘A’, a man, took away a girl below sixteen years to Mumbai without informing the parents of the girl.


The Contract Act of 1872 was enacted on


“A Contract is an agreement creating and defining obligations between the parties” the definition was put forwarded by


An agreement is


Where a contract has to be inferred from the conduct of parties, it is called


Given below is the statement of Legal principle followed by a factual situation. Apply the principle to the facts given below and select the most appropriate answer.
LEGAL PRINCIPLE: The acceptance of an offer will be valid only if it is made in the way it was expected to be made.
FACTUAL SITUATION: There was a telephonic discussion between 'J' and 'K' for negotiating the sale of the shop of former to the latter. Upon reaching an agreement as to the price of the shop of 'J' at Rs 20 lakh, 'J' told 'K' to send a letter to him within two weeks confirming that she wishes to buy the shop for the price finalized. Two days thereafter, 'K' gave her acceptance to 'J' over the telephone but sent the letter of confirmation after a lapse of one month.
ls 'J' bound by the acceptance of 'K'?
DECISION:


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