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If Lisa is 17 and 360 days old and makes a contract with RentACenter, what are the ramifications of her actions? Can Lisa make a
- If Lisa is 17 and 360 days old and makes a contract with RentACenter, what are the ramifications of her actions?
- Can Lisa make a valid contract? Why or why not?
- What happens if she contracts, pays, reaches the age of majority and pays?
- What happens if she contracts, doesn't pay, reaches the age of majority and doesn't pay?
- In what scenario would Lisa have to pay a creditor?
- What type of incapacity defines a minor's contractual incapacity?
- What are the two types of capacity Lisa would need if she made the agreement on her 18th birthday.
- List four contracts that are contrary to public policy.
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