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(Solved by Expert Tutors) Provide a brief background for the reader. Address each of the key elem


  • Identify the elements of critical thinking and decision making that came into play.
  • Include at least two resources or references to specifically support your viewpoints or ideas.?

Situation/Case

Every day in the United States young people purchase items from retailers such as Target, Wal-Mart, Apple, Abercrombie and Fitch, and hundreds of others. A young person might even buy a used car from her neighbor down the street. Each of these transactions is essentially a contract between the buyer and seller. In order for a contract to be valid and enforceable, however, the parties entering into that contract must be competent.

In all states, a person is considered an adult at the age of 18 for the purpose of making a contract. Therefore, anyone under the age of 18 is not considered competent and does not meet one of the required elements in the formation of a contract. Yet, obviously, retailers sell to those under the age of 18 all the time. From this description, it would appear that minors can return purchased items, even expensive items such as MP3 players, guitars, cars, etc., and get some or all of their money back since a valid contract was never formed. Is this correct?

 


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About this Question

STATUS

Answered

QUALITY

Approved

DATE ANSWERED

Apr 19, 2020

EXPERT

Tutor

ANSWER RATING

YES, THIS IS LEGAL

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