Multiple choice

Assertion (A): Money lent to a minor for luxuries cannot be recovered. Reason (R): Lending money for luxuries to a minor is illegal.

  1. Both (A) and (R) are true and (R) is the correct explanation of (A).

  2. Both (A) and (R) are true and (R) is not the correct explanation of (A).

  3. (A) is true, but (R) is false.

  4. (A) is false, but (R) is true.

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Money lent to a minor for necessities can be recovered from his/her estate. Contract lending money for luxuries to a minor is void, but not illegal.