A minor falsely representing himself to be of majority age, enters an agreement to sell his property to one JACKSON and receives from him as a price a sum of 5,000,000 $ in advance. Out of this sum, the minor buys a car for 9,000,000 $. and spends the rest on pleasure trip to Europe. After the minor has attained the majority age, JACKSON sues him for the conveyance/transfer of the property or, in the alternative for the refund of 5,000,000 $. and compensation.

How would you decide the case?