Khalid is the owner of many buildings and hotels.

Since he was a minor, his mother was his legally

appointed guardian. Khalid convinced Musallam and

Musallam gave him loan of 10,000 OMR

with 12% interest. The loan was taken by way of

mortgaging one of his property. Musallam gave

5000 OMR as advance. Khalid's mother informed

Musallam that anybody who would get into an

agreement with him would do so at his own risk.

After knowing this, Musallam wants to get the

advance he has given.

Questions:

a.ls Khalid bound to give the money

back to Musallam? Why or why not?

b. Is the contract in this case

enforceable by law? Explain why or

why not?

Khalid is the owner of many buildings and hotels. Since he was a minor, his mother was his legally appointed guardian. Khalid convinced Musallam and Musallam gave him loan of 10,000 OMR with 12% interest. The loan was taken by way of mortgaging one of his property. Musallam gave 5000 OMR as advance. Khalid's mother informed Musallam that anybody who would get into an agreement with him would do so at his own risk. After knowing this, Musallam wants to get the advance he has given. Questions: a.Is Khalid bound to give the money back to Musallam? Why or why not? b. Is the contract in this case enforceable by law? Explain why or why not? Khalid is the owner of many buildings and hotels. Since he was a minor, his mother was his legally appointed guardian. Khalid convinced Musallam and Musallam gave him loan of 10,000 OMR with 12% interest. The loan was taken by way of mortgaging one of his property. Musallam gave 5000 OMR as advance. Khalid's mother informed Musallam that anybody who would get into an agreement with him would do so at his own risk. After knowing this, Musallam wants to get the advance he has given. Questions: a.Is Khalid bound to give the money back to Musallam? Why or why not? b. Is the contract in this case enforceable by law? Explain why or why not