2. Rakesh aged 17 years takes loan of Rs 10,000/ from Mohan and promises to repay after
two years. After two years, Mohan demands money from Rakesh based on the written
assurance given by Rakesh after attaining majority. Explain the liability of Rakesh as per
Indian Contract Act, 1872
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two years. After two years, Mohan demands money from Rakesh based on the written
assurance given by Rakesh after attaining majority. Explain the liability of Rakesh as per
Indian Contract Act, 1872
Explanation:
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