(14) PRINCIPLE– A minor is not competent to enter into a contract and the law will assume that the contract never happened and everything is returned to where it was. FACTS – X a minor misrepresents his age to enter into a contract with Y a seller of bicycles, to purchase the bicycle. After the bicycle is delivered to the minor, he refuses to pay the sale price for the same, contending the non-existence of a legally binding contract.Is the contract entered by X a valid contract? A. The contract is valid because in this case, the minor has knowingly misrepresented his age in order to enter into the contract. B. The contract is not valid because the buyer is a minor and the seller will get nothing. C. The contract is not valid because the buyer is not competent to contract, but the minor buyer may be directed by the Court to return the bicycle. D. The contract is not valid but the seller can file a suit against X’s parents.
Posted on: Tue, 02 Dec 2014 07:48:33 +0000
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