Part $3$ of $5$

Capacity to contract

Managers are frequently on the front lines when ambiguous preliminary agreements are involved and therefore must have a relatively sophisticated knowledge of what constitutes a contract and what rules govern contracts. Your company would like to engage a web design and maintenance firm.

You decide to engage Total Web Solutions $($TWS$)$ to be your web designer. TWS was formed by a child genius named Bill Waites. Waites does all the work himself as a sole proprietor. He started the company when he was $14$ years old. He is now $16$ years old. You enter into two separate contracts with Waites. The first contract is an agreement to pay him $$2,500$ for a web design, which will be done in one month. The second contract is an agreement to pay him $$500$ per month for the next two years for web maintenance.

$1$c$.$ If Waites decides to avoid his obligations...

If Waites decides to avoid his obligations under the contract for web design, which of the following is correct?