Answered step by step
Verified Expert Solution
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
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