BUL 5662 Lecture Notes - Lecture 3: Arbitration Clause, Dementia, Liability Waiver
Document Summary
Kalen is a seventeen-year-old minor who has just graduated from high school. He is attending a university two hundred miles from home and has contracted to rent an apartment near the university for one year at per month. He is working at a convenience store to earn enough income to be self-supporting. After living in the apartment and paying monthly rent for four months, he becomes involved in a dispute with his landlord. Kalen, still a minor, moves out and returns the key to the landlord. Kalen liable for the balance of the payments due under the lease. Kalen can enter into a contact that does not come into the category that are forbidden by law. The contract is voidable and kalen has the alternative to void it or not. If kalen disaffirms the contract then he cannot be bound by it and can render it void.
