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Question 113 Legal Reasoning 2015 Medium MCQ +1.00 marks · -0.25 negative

The questions consist of two statements, one labeled as PRINCIPLE and the other as FACT. You are to examine the principle and apply it to the given facts carefully and select the best option. PRINCIPLE: A person is said to be of sound mind for the purpose of making a contract if, at the time when he makes it, he is capable of understanding it and of forming a rational judgment as to its effect upon his interests. FACT: Mr. X, who is usually of sound mind but occasionally of unsound mind, enters into a contract with Mr. Y when he is of unsound mind. Y came to know about this fact afterwards and now wants to file a suit against X.

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