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C. Charlie Brown, a seventeen year old who looks to be thirty, entered into an agreement with Dilbert, a car dealer, under which Charlie Brown
C. Charlie Brown, a seventeen year old who looks to be thirty, entered into an agreement with Dilbert, a car dealer, under which Charlie Brown purchased a 2018 Ford Mustang for $30,000.00. Charlie Brown paid $1,000.00 at the time he received delivery and agreed to pay twenty-nine monthly payments of $1,000.00. There was no interest owing. I One week after the purchase, Lucy bet Charlie Brown that he could not roll his car twice and come to a perfect stop right side up. Charlie took the bet and deliberately rolled over his vehicle twice but lost the bet because the vehicle came to a stop upside down. Damage to the vehicle was $20,000.00 The next day Charlie Brown towed his new car back to Dilbert's car lot and repudiated the contract. A court action ensued. Will Charlie Brown be successful in repudiating the contract? Will Dilbert be successful in suing Charlie Brown for the $20,000.00 worth of vehicle damage? (1) C. Charlie Brown, a seventeen year old who looks to be thirty, entered into an agreement with Dilbert, a car dealer, under which Charlie Brown purchased a 2018 Ford Mustang for $30,000.00. Charlie Brown paid $1,000.00 at the time he received delivery and agreed to pay twenty-nine monthly payments of $1,000.00. There was no interest owing. I One week after the purchase, Lucy bet Charlie Brown that he could not roll his car twice and come to a perfect stop right side up. Charlie took the bet and deliberately rolled over his vehicle twice but lost the bet because the vehicle came to a stop upside down. Damage to the vehicle was $20,000.00 The next day Charlie Brown towed his new car back to Dilbert's car lot and repudiated the contract. A court action ensued. Will Charlie Brown be successful in repudiating the contract? Will Dilbert be successful in suing Charlie Brown for the $20,000.00 worth of vehicle damage? (1)
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