Legal Principle: Every person, who is of the age of majority, is competent to contract according to the law to which he is subject. Facts: A minor mortgaged his house in favour of Thakur Das, a moneylender, to secure a loan of 20,000. A part of this, i.e., 10,500 was actually advanced, the attorney who was acting for the moneylender received information that the plaintiff was still a minor. Subsequently, the minor commenced an action stating that he was underage when he executed the mortgage and the same should, therefore, be cancelled. He prayed for setting aside the mortgage. The mortgagee/moneylender prayed for the refund of 10,500 from the minor.

2150+ Legal Awareness And Legal Reasoning Questions.

The Legal Aptitude or Legal Reasoning section in law entrance exams that holds maximum weightage and demands candidates to possess good knowledge of fundamentals. This section is used to test your legal awareness, analytical skills and problem-solving ability.