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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 Summary

This explains the position of minors in contract.

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

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