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    Minors in contract

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    A minor, unable to live at home, contracts to rent an apartment for one year at $600 per month. After living there for three months, he disaffirms the contract. The reasonable value of that apartment was only $500 per month. Assuming no rent has been paid, the minor must pay:

    a. Nothing; the contract has been disaffirmed.
    b. $1,800; the contract rate for three months.
    c. $1,500; the reasonable value for three months.
    d. $7,200; the contract rate for one year.
    e. $6,000; the reasonable rate for one year.

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    Solution Preview

    A contract with Minor is voidable, but there are certain exception such as food, lodging etc. Hence the minor has to pay ...

    Solution Summary

    This explains the position of minors in contract.