Legal 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.Factual Situation: 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. Question: Is the contract entered by X a valid contract? (SET LAW 2009)

Each question consists of legal principle(s) (hereinafter referred to as 'principle') and facts. Such proposition 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. You have to apply the principles to the given facts to arrive at the most reasonable conclusion. Only one of the alternatives, i.e., (A), (B), (C), or (D) is the most reasonable conclusion. Remember: you must not rely on any principle except the principles that are given for every question.