Directions: The question consists of two statements, one labelled as Principle(s) and the other as Facts. You are to examine the principle and apply it to the given facts carefully and select the best option.Principle: Any agreement where the consent of the competent parties is free, the object is lawful, there is some consideration for it, which is capable of performance and the terms of the agreement are not vague or uncertain is a valid contract.Facts: Anju gives an advance of Rs. 15 Lakhs to Sumit for purchasing a Rolls Royce car without telling him that she is a minor and aged 16. Anju refuses to pay the next instalment.Select the correct statement.a)Anju will have to pay the remaining amount as per the contract.b)Anju will have to pay the money because the object of the contract was lawful.c)Anju will have to pay the money because the object of the contract was lawful.d)Anju's legal guardian will have to pay the money.Correct answer is option 'C'. Can you explain this answer?

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Principle: Any agreement where the consent of the competent parties is free, the object is lawful, there is some consideration for it, which is capable of performance and the terms of the agreement are not vague or uncertain is a valid contract.

Facts: Anju gives an advance of Rs. 15 Lakhs to Sumit for purchasing a Rolls Royce car without telling him that she is a minor and aged 16. Anju refuses to pay the next instalment.

Select the correct statement.

a)
Anju will have to pay the remaining amount as per the contract.
b)
Anju will have to pay the money because the object of the contract was lawful.
c)
Anju will have to pay the money because the object of the contract was lawful.
d)
Anju's legal guardian will have to pay the money.

Correct answer is option 'C'. Can you explain this answer?

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Directions: The question consists of two statements, one labelled as ...

Explanation:

Principle Application:
- The principle states that for a contract to be valid, the consent of the parties must be free, the object must be lawful, there must be consideration, and the terms must be clear.
- In this case, Anju gave an advance to Sumit for purchasing a car, which is a lawful object.
- However, Anju did not disclose her age, being a minor, which could affect her capacity to enter into a contract.

Analysis of Facts:
- Anju's failure to disclose her age makes her incompetent to enter into a contract as she is a minor.
- Since she is a minor, the contract would be considered voidable at her option.
- Anju can choose to void the contract and demand the return of the advance amount paid to Sumit.

Conclusion:
- Anju will not be obligated to pay the remaining amount as the contract is voidable due to her being a minor.
- Anju can choose to rescind the contract and recover the advance amount as she lacked the capacity to enter into a valid contract.

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Directions: The question consists of two statements, one labelled as ...

Parties are not competent to contract, hence invalid contract.

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Directions: The question consists of two statements, one labelled as Principle(s) and the other as Facts. You are to examine the principle and apply it to the given facts carefully and select the best option.Principle: Any agreement where the consent of the competent parties is free, the object is lawful, there is some consideration for it, which is capable of performance and the terms of the agreement are not vague or uncertain is a valid contract.Facts: Anju gives an advance of Rs. 15 Lakhs to Sumit for purchasing a Rolls Royce car without telling him that she is a minor and aged 16. Anju refuses to pay the next instalment.Select the correct statement.a)Anju will have to pay the remaining amount as per the contract.b)Anju will have to pay the money because the object of the contract was lawful.c)Anju will have to pay the money because the object of the contract was lawful.d)Anju's legal guardian will have to pay the money.Correct answer is option 'C'. Can you explain this answer?

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Directions: The question consists of two statements, one labelled as Principle(s) and the other as Facts. You are to examine the principle and apply it to the given facts carefully and select the best option.Principle: Any agreement where the consent of the competent parties is free, the object is lawful, there is some consideration for it, which is capable of performance and the terms of the agreement are not vague or uncertain is a valid contract.Facts: Anju gives an advance of Rs. 15 Lakhs to Sumit for purchasing a Rolls Royce car without telling him that she is a minor and aged 16. Anju refuses to pay the next instalment.Select the correct statement.a)Anju will have to pay the remaining amount as per the contract.b)Anju will have to pay the money because the object of the contract was lawful.c)Anju will have to pay the money because the object of the contract was lawful.d)Anju's legal guardian will have to pay the money.Correct answer is option 'C'. Can you explain this answer? for CLAT 2025 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about Directions: The question consists of two statements, one labelled as Principle(s) and the other as Facts. You are to examine the principle and apply it to the given facts carefully and select the best option.Principle: Any agreement where the consent of the competent parties is free, the object is lawful, there is some consideration for it, which is capable of performance and the terms of the agreement are not vague or uncertain is a valid contract.Facts: Anju gives an advance of Rs. 15 Lakhs to Sumit for purchasing a Rolls Royce car without telling him that she is a minor and aged 16. Anju refuses to pay the next instalment.Select the correct statement.a)Anju will have to pay the remaining amount as per the contract.b)Anju will have to pay the money because the object of the contract was lawful.c)Anju will have to pay the money because the object of the contract was lawful.d)Anju's legal guardian will have to pay the money.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CLAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: The question consists of two statements, one labelled as Principle(s) and the other as Facts. You are to examine the principle and apply it to the given facts carefully and select the best option.Principle: Any agreement where the consent of the competent parties is free, the object is lawful, there is some consideration for it, which is capable of performance and the terms of the agreement are not vague or uncertain is a valid contract.Facts: Anju gives an advance of Rs. 15 Lakhs to Sumit for purchasing a Rolls Royce car without telling him that she is a minor and aged 16. Anju refuses to pay the next instalment.Select the correct statement.a)Anju will have to pay the remaining amount as per the contract.b)Anju will have to pay the money because the object of the contract was lawful.c)Anju will have to pay the money because the object of the contract was lawful.d)Anju's legal guardian will have to pay the money.Correct answer is option 'C'. Can you explain this answer?.

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Anju refuses to pay the next instalment.Select the correct statement.a)Anju will have to pay the remaining amount as per the contract.b)Anju will have to pay the money because the object of the contract was lawful.c)Anju will have to pay the money because the object of the contract was lawful.d)Anju's legal guardian will have to pay the money.Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions: The question consists of two statements, one labelled as Principle(s) and the other as Facts. 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Can you explain this answer?, a detailed solution for Directions: The question consists of two statements, one labelled as Principle(s) and the other as Facts. You are to examine the principle and apply it to the given facts carefully and select the best option.Principle: Any agreement where the consent of the competent parties is free, the object is lawful, there is some consideration for it, which is capable of performance and the terms of the agreement are not vague or uncertain is a valid contract.Facts: Anju gives an advance of Rs. 15 Lakhs to Sumit for purchasing a Rolls Royce car without telling him that she is a minor and aged 16. Anju refuses to pay the next instalment.Select the correct statement.a)Anju will have to pay the remaining amount as per the contract.b)Anju will have to pay the money because the object of the contract was lawful.c)Anju will have to pay the money because the object of the contract was lawful.d)Anju's legal guardian will have to pay the money.Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of Directions: The question consists of two statements, one labelled as Principle(s) and the other as Facts. 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Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions: The question consists of two statements, one labelled as Principle(s) and the other as Facts. You are to examine the principle and apply it to the given facts carefully and select the best option.Principle: Any agreement where the consent of the competent parties is free, the object is lawful, there is some consideration for it, which is capable of performance and the terms of the agreement are not vague or uncertain is a valid contract.Facts: Anju gives an advance of Rs. 15 Lakhs to Sumit for purchasing a Rolls Royce car without telling him that she is a minor and aged 16. Anju refuses to pay the next instalment.Select the correct statement.a)Anju will have to pay the remaining amount as per the contract.b)Anju will have to pay the money because the object of the contract was lawful.c)Anju will have to pay the money because the object of the contract was lawful.d)Anju's legal guardian will have to pay the money.Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice CLAT tests.

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