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According to the traditional rule, if Sam, a minor, purchase…

Posted byAnonymous June 9, 2021May 9, 2023

Questions

Accоrding tо the trаditiоnаl rule, if Sаm, a minor, purchased a television from an electronics shop with a $100 down payment on a one-year credit contract and accidentally damaged it a week after he took it home, he could return the television to the store in its damaged condition and tell the owner he was rescinding the contract. Sam would then be entitled to the return of his $100 down payment and would owe no further obligation to the store.

Accоrding tо the trаditiоnаl rule, if Sаm, a minor, purchased a television from an electronics shop with a $100 down payment on a one-year credit contract and accidentally damaged it a week after he took it home, he could return the television to the store in its damaged condition and tell the owner he was rescinding the contract. Sam would then be entitled to the return of his $100 down payment and would owe no further obligation to the store.

Accоrding tо the trаditiоnаl rule, if Sаm, a minor, purchased a television from an electronics shop with a $100 down payment on a one-year credit contract and accidentally damaged it a week after he took it home, he could return the television to the store in its damaged condition and tell the owner he was rescinding the contract. Sam would then be entitled to the return of his $100 down payment and would owe no further obligation to the store.

Accоrding tо the trаditiоnаl rule, if Sаm, a minor, purchased a television from an electronics shop with a $100 down payment on a one-year credit contract and accidentally damaged it a week after he took it home, he could return the television to the store in its damaged condition and tell the owner he was rescinding the contract. Sam would then be entitled to the return of his $100 down payment and would owe no further obligation to the store.

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