Question

Peter, a minor, purchased a car from ACME Motors. Using a fake ID, he misrepresented his age to be 18. The contract is fully executed. Which of the following is correct?

1) Peter can disaffirm the contract because he is a minor.
2) Peter cannot disaffirm the contract because of his misrepresentation.
3) Peter can disaffirm the contract, because a minor must be saved from his own poor judgment, including his lie.
4) D. Either b or c may be applicable depending on the law of the jurisdiction in which the contract was formed.

Answer 1

Peter, a minor who misrepresented his age, can generally disaffirm the contract because the law usually protects minors from their own poor judgment. The actual applicability of disaffirming the contract may depend on the jurisdiction's laws, where misrepresentation might affect the decision.

Step-by-step explanation:

Peter, a minor, purchased a car from ACME Motors using a fake ID, misrepresenting himself as 18 years old. In general, contracts entered by minors are voidable at the minor's discretion. Despite the fact that Peter used a fake ID and misrepresented his age, he is still entitled to disaffirm the contract, as the law tends to protect minors from their own poor judgment. Therefore, the correctness of the statement largely depends on the jurisdiction, but typically, the following statements can be considered:

• Peter can disaffirm the contract because he is a minor.
• Peter cannot disaffirm the contract because of his misrepresentation.
• Peter can disaffirm the contract, because a minor must be saved from his own poor judgment, including his lie.
• Either b or c may be applicable depending on the law of the jurisdiction in which the contract was formed.

While misrepresentation might affect the ability to disaffirm in some jurisdictions, in many places the primary concern is the protection of the minor, which could lead to the contract being voidable regardless of the misrepresentation.