A manager who owns a used car company sells a car to a person who is a minor. A contract is signed by the minor,the minor makes a down payment,and takes the car home. Later,the minor decides that he does not want the car and refuses to make any more payments. This contract is binding on the minor and he must make the payments.

Question

Quizplus · Accepted Answer

Minors do not have legal capacity to enter into contracts, meaning that the contract is not binding on the minor. Therefore, the minor is not obligated to make the payments.

A Manager Who Owns a Used Car Company Sells a Car