
Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond
Edition 9ISBN: 978-1133586562
Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond
Edition 9ISBN: 978-1133586562 Exercise 21
Unless otherwise stated, assume that the age of majority is 18 in all problems in this section.
Mance, one week before his eighteenth birthday, purchased a DVD player from the Computer Outlet store and paid $150 cash for the item. A week after his birthday, he purchased a handheld police scanner for $95 from Radio Shack and also paid cash. A week after he purchased the police scanner, Mance wished to disaffirm both contracts and recover $150 from the Computer Outlet store and $95 from Radio Shack. Will Mance be allowed to disaffirm one, both, or neither of these contracts, assuming that both purchases were within the guidelines of selling to minors?
Mance, one week before his eighteenth birthday, purchased a DVD player from the Computer Outlet store and paid $150 cash for the item. A week after his birthday, he purchased a handheld police scanner for $95 from Radio Shack and also paid cash. A week after he purchased the police scanner, Mance wished to disaffirm both contracts and recover $150 from the Computer Outlet store and $95 from Radio Shack. Will Mance be allowed to disaffirm one, both, or neither of these contracts, assuming that both purchases were within the guidelines of selling to minors?
Explanation
Issue:
Can a purchase by a minor be ret...
Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond
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