Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Roger entered into a rental agreement with Custom Rentals for a one month lease of a motorcycle.The agreement required Roger to assume responsibility for any

Roger entered into a rental agreement with Custom Rentals for a one month lease of a motorcycle.The agreement required Roger to assume responsibility for any damage to the machine while it was in his possession.Roger rented the motorcycle to spend the month biking with his friends as part of his celebrating graduating high school.

A week after Roger acquired the machine he lost control of the motorcycle on a sharp turn in the road, and the machine was badly damaged in the ensuing accident.

Roger, being only 17 years of age, refused to pay for the rental and damage on the basis that he had not attained the age of majority and therefore was not liable in contract.

  1. Discuss the law concerning contracts with minors, and Custom Rentals likelihood of success if it took legal action against Roger.

  1. Would it make any difference if Roger had rented the motorcycle for transportation to work in order to support himself?

  1. Discuss and applyallthe steps in a legal risk management plan, including how Custom Rentals could have managed the risk.

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

Step: 3

blur-text-image

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

Introduction To Business Law

Authors: Jeff Rey F. Beatty, Susan S. Samuelson

3rd Edition

978-0324826999, 0324826990

More Books

Students also viewed these Law questions