BLAW 3201 : Chapter 14.rtf
Document Summary
True/false: kris, age 17, who looks 18 or older, makes a contract to buy a car from. Maisie may avoid the contract even if kris did not misrepresent his age. Pts: 1: sally goes away to college at 17, lives on her own, and pays her own rent and electric bills. If she makes a contract to buy a television set, in most jurisdictions, she may assert her minority status and set aside the contract. Pts: 1: beth, at age 17, sells an antique pin she inherited. Even if the buyer resells the pin to someone who did not know that it was purchased from a minor, Beth can recover the pin from the third person if she changes her mind about wanting to sell it. Pts: 1: seventeen-year-old teresa wants to disaffirm her student loan agreements. Most states will not allow her to avoid such contracts.