Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Module Three: Discussion Forum Introduction Answer the question prompt below and respond to the initial post of two other students. Scenario: Jane, age 16, buys

Module Three: Discussion Forum Introduction Answer the question prompt below and respond to the initial post of two other students. Scenario: Jane, age 16, buys a motor bike from Carl's Cycle Shop for $400 in January 2015. She used it for a month and then signed a paper in February stating that she ratified the contract with Carl. Jane continue to use the bike for three more months before taking it back to Carl's Cycle Shop in May claiming it was too slow and she just did not like riding anymore. Jane demanded the return of her $400, even though she had worn down the tires and tore the seat. According to the majority view, explain whether Jane can get her money back from Carl without accounting for the wear and tear on the motor bike? According to the modern view, explain what is likely to happen? Question Prompt: Within your answer, identify the rules of law associated with (a) a minor's ability to enter into a contract, (b) a minor's ability to disaffirm a contract, and (c) a minor's obligations upon disaffirmance

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Law Text and Cases

Authors: Kenneth W. Clarkson, Roger LeRoy Miller, Gaylord A. Jentz, F

11th Edition

324655223, 978-0324655223

More Books

Students also viewed these Law questions

Question

2 What people-related issues do you foresee?

Answered: 1 week ago