Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond

Exercise 5

Bethea, a minor who needed a car for her work, purchased one and financed it through Bancredit. Bethea could not make the payments, and Bancredit sued for the balance due on the car. Bethea claimed she was not liable because she was a minor when she signed the contract. Is Bethea liable for the balance due? (Bancredit, Inc. v. Bethea, 65 N.J. Super. Ct. 538, 168 A.2d 250)