Gloria, 15, is interested in art and frequently visits the antiques market on the Portobello Road. On a stall owned by Anthony, 56, she sees a sketch which she is sure was drawn by Constable. The sketch costs £300. She buys the sketch and subsequently tries to get it authenticated. A week later, Anthony reads in a local paper that the sketch he sold to Gloria is worth £25,000 and that several London museums have been interested in buying it. Can Anthony recover the painting by pleading Gloria's incapacity as a minor?
A) Yes, a contract concluded between a minor and an adult is void for incapacity.
B) Yes, a contract concluded between a minor and an adult is voidable for incapacity. Gloria has not yet passed title in the property to any museum.
C) No, a contract concluded between a minor and an adult is enforceable by the minor. Anthony cannot escape the bad bargain by pleading Gloria's incapacity.
Correct Answer:
Verified
Q1: Only Parliament can declare certain types of
Q2: Which of the following contracts are enforceable?
A)
Q3: If a contract is tainted by illegality,
Q4: Courts may refuse to assist 'guilty' parties
Q5: Consider the following two statements.
I.A contract concluded
Q7: Which of the following contracts can a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents