BLAW 3201 Chapter : Final Outline With Cases
Document Summary
Chapter 14: contractual capacity: persons legally limited in their capacity to contract, minors, incompetent persons, intoxicated persons. Minor agrees to sell to alice, and then sells to bryan. The sell to bryan constitutes a disaffirmance to alice"s sell: a minor can disaffirm at any time. An adult can never disaffirm a contract with a minor: restitution: return equivalent of what has been received to put seller in same position as prior to sell. Dodson ( ), a minor, bought a used truck from the shrader"s for ,900. After 9 months the truck began having problems. Mechanic told it was a valve problem and it would be expensive to fix. Didn"t have money to fix, so he kept driving the truck. One month later, the engine blew up. Parked the truck in his parent"s front yard. Hit and run driver dented let fender and bought trucks value down to . Sued for full refund of .