Business Laws and Ethics

Student Name

Institution

Date
Qstn 1

Actually, no. The other person should try to be more aware of the minor's age fraud. A

minor who fraudulently asserts his age will normally be banned from utilizing that reason to

avoid contract enforcement. If an adult didn't realize the other person was a child, they can't back

out of the deal. The power to breach a contract is referred to as "disaffirmance." The contract is

voidable in the eyes of the person who lacks ability. If the majority prevails, the majority of

states will allow disaffirmation, even if the minor misled about their age when they signed the

agreement.

Qstn 2

Although the child may opt to reject the agreement, the present system will take the terms

of the contract into consideration. The existing regulation will consider the subject matter of the

contract when assessing whether it can be revoked. The prevailing opinion was that a minor's

false statement of age had no influence on his capacity to disaffirm and imposed no duty on him

to make up for lost benefits or pay for damages to an adult. He was previously able to pay for a

go-kart, therefore he can handle the payment for this go-kart contract. He'd have to pay because

he lied to the merchant and proved his story by exchanging a go-kart.

Qstn 3

A minor can invalidate a contract at his or her own discretion under conventional,

common-law rule. "Minors have the right to avoid contracts as a method of safeguarding

themselves from their own imprudence and adult overreach." A logical disaffirmance does not

require a written statement. If the minor imposes the contract rather than disaffirming it, the adult

must act. First and foremost, the court ruled because the former owner is a minority. Because the

company traded in go-karts, it looked that he was not a minor. It backed up his lie. The dealer
should have still examined the ID, but on the same basis. The company may have also falsified

identification.

Qstn 4

If it were me, I'd make the business pay because he already owned a go-kart and could

have paid payments on this one. If the contract was fair, negotiated in good faith, and the other

party had no cause to be aware of the incapacity, it cannot be cancelled until the other party is

returned to their pre-contractual status. Because there is a transportation contract, the corporation

cannot really disaffirm. These regulations prohibit minors from withdrawing from court-

approved agreements including marriage, child support duties, contracts for educational, life, and

health insurance, agreements for the use of a community go-kart for transportation, and a variety

of other types of arrangements.

 Reference

Daniel JL (2008). ‘Virtually mature: Examining the policy of minor’s incapacity to contract

through the cyberscope’ 43 Gonzaga Law Review 239

Spiro E (1952)‘Antenuptial contract of unassisted minor’s’ 69 South African Law Journal 430