Q207
A is minor, who poses himself as major and executes a mortgage before B for Rs. 10000. B files a suit for recovery of loan. A takes a defence that he was not competent to contract when he took loan. In such a situation which of the following statement is correct?
A.
Contract was obtained by fraud hence voidable at the option of A
B.
Contract cannot be rescind. No one can be allowed to take benefit of his own fraud
C.
Contract is void but minor may be ordered to pay Rs. 10000/- back
AnswerD.
Contract is void but minor cannot be ordered to pay Rs. 10000/- back
Answer: Option C
Solution
Answer: Option C
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