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?

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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?