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Mr . Arwin enters into a contract to sell a car to Leo who is 1 6 - years - old and is considered a
Mr Arwin enters into a contract to sell a car to Leo who is yearsold and is considered a minor in the state in which he lives. What is the status of the contract that Mr Arwin and Leo entered into?
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If the contract is registered with the Secretary of State's office it will become enforceable.
The contract is enforceable and valid.
The contract is void and unenforceable.
The contract is voidable and is enforceable unless and until Leo cancels it
The contract is voidable and is enforceable until either party cancels it
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