Contracts By Minors
Business Scenarios and Case Problems
9-1. Contracts by Minors…Discuss Kalen’s liability in this situation.
Kalen is a seventeen year old boy who rented an apartment for $500 a month, after consistently paying for rent for 4 months, he decides to return the key and not pay rent for the rest of the remaining months on the contract. I would think that this is classified as “disaffirmance”. Since he is seventeen, and a minor when he leaves the apartment, he is able to legally avoid his contractual obligation with the landlord. The reading doesn’t state if he lied to the landlord about his age, if that was the case, he would be bound to lease and need to pay the amount owed due to the deceit.
9-2. Duress…Discuss fully whether Jerome can set aside
9-1. Contracts by Minors…Discuss Kalen’s liability in this situation.
Kalen is a seventeen year old boy who rented an apartment for $500 a month, after consistently paying for rent for 4 months, he decides to return the key and not pay rent for the rest of the remaining months on the contract. I would think that this is classified as “disaffirmance”. Since he is seventeen, and a minor when he leaves the apartment, he is able to legally avoid his contractual obligation with the landlord. The reading doesn’t state if he lied to the landlord about his age, if that was the case, he would be bound to lease and need to pay the amount owed due to the deceit.
9-2. Duress…Discuss fully whether Jerome can set aside