Question
Answer two question 5. At a time when the age of majority in Ohio was 21, Lee, age 20, contracted to buy a 1964 Plymouth
Answer two question
5. At a time when the age of majority in Ohio was 21, Lee, age 20, contracted to buy a 1964 Plymouth Fury for $1,552 from Haydocy Pontiac. Lee represented herself to be 21 when entering the contract. She paid for the car by trading in another car worth $150 and financ- ing the balance. Immediately following delivery of the car to her, Lee permitted one John Roberts to take possession of it. Roberts delivered the car to someoneelse, and it was never recovered. Lee failed to make payments on the car, and Haydocy Pontiac sued her to recover the car or the amount due on the contract. Lee repudiated the contract on the ground that she was a minor at the time of purchase. Can Lee disaffirm the contract without reimbursing Haydocy Pontiac for the value of the car?
2. Robertson, while a minor, contracted to borrow money from his father for a college education. His father mortgaged his home and took out loans against his life insurance policies to get some of the money he lent to Robertson, who ultimately graduated from dental school. Two years after Robertson's graduation,his father asked him to begin paying back the amount of $30,000 at $400 per month. Robertson agreed to pay $24,000 at $100 per month. He did this for three years before stopping the payments. His father sued for the balance of the debt. Could Robertson disaffirm the contract?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started