Law and Car Company
What are the possible outcomes? Explain your answers.
When looking at this case scenario there seems to be only one possible outcome for this scenario. Jeff was underage at the time of contract and under the law this contract was not valid.
Steve the salesperson was completely liable under the law for entering a contract with an underage minor. As a car company representative there is protocol which must be used when entering into any contract and a major part of protocol is to ensure that both parties are of legal age at the time of sale.
Another possibility that may be a remedy for this situation is for Car Company to take legal action against Jeff‟s legal guardians. Under the law any minor who misrepresents themselves intentionally by entering into a contract without parental consent can be have legal action taken against them. The action will be taken against the legal guardians of the minor and all remaining liabilities will be the responsibility of the guardians if decide by a judge.
Disaffirm is commonly applied in situations where an individual has made an agreement and opts to cancel it, which he or she may do by right—such as a minor who disaffirms a contract.
Disaffirming a contract is "When the minor decides not to perform the legal obligations contemplated in the agreement and thus disaffirms the contract, this action results in a voidable contract. The minor has the option to either performing the contract or avoiding it." (Davidson 276).
Analyze the gap filling provisions of UCC Article 2 as they pertain to the terms of this contract. What rights or defenses, if any, does Cereal, Inc. have under contract law? CASE SCENARIO: GROCERY, INC 4 Analyze the remedies available to Grocery, Inc. and Cereal, Inc. Explain all answers in detail.
Grocery Inc. had written a contract with Cereal, Inc. to purchase 20 cases of cereal per a month at 22$ per a case. However the contract did not state the types of cereal or how the 20 cases
When looking at this case scenario there seems to be only one possible outcome for this scenario. Jeff was underage at the time of contract and under the law this contract was not valid.
Steve the salesperson was completely liable under the law for entering a contract with an underage minor. As a car company representative there is protocol which must be used when entering into any contract and a major part of protocol is to ensure that both parties are of legal age at the time of sale.
Another possibility that may be a remedy for this situation is for Car Company to take legal action against Jeff‟s legal guardians. Under the law any minor who misrepresents themselves intentionally by entering into a contract without parental consent can be have legal action taken against them. The action will be taken against the legal guardians of the minor and all remaining liabilities will be the responsibility of the guardians if decide by a judge.
Disaffirm is commonly applied in situations where an individual has made an agreement and opts to cancel it, which he or she may do by right—such as a minor who disaffirms a contract.
Disaffirming a contract is "When the minor decides not to perform the legal obligations contemplated in the agreement and thus disaffirms the contract, this action results in a voidable contract. The minor has the option to either performing the contract or avoiding it." (Davidson 276).
Analyze the gap filling provisions of UCC Article 2 as they pertain to the terms of this contract. What rights or defenses, if any, does Cereal, Inc. have under contract law? CASE SCENARIO: GROCERY, INC 4 Analyze the remedies available to Grocery, Inc. and Cereal, Inc. Explain all answers in detail.
Grocery Inc. had written a contract with Cereal, Inc. to purchase 20 cases of cereal per a month at 22$ per a case. However the contract did not state the types of cereal or how the 20 cases