Study each of the following case. Answer the questions that follow with Yes or No. Voidable Contract
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Study each of the following case. Answer the questions that follow with Yes or No.
Voidable Contract Caroli, who was 17 years old, signed an agreement to buy a used computer from Egan for $150. While Caroli was on his way to pick up the equipment, Egan got an offer for $250 from someone else. When Caroli arrived with the money to complete the transaction, Egan told him he was unwilling to go through with the agreement because Caroli was a minor.
a. Can Egan cancel the contract?
b. Is this a voidable contract?
c. Can Caroli cancel the contract?
d. If Egan sells the computer to Caroli, can Caroli later return the computer?
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