Answer:
To carry out the deal Bob should take note of the following points :
Bob should explain the entire functioning of the car in detailed manner to Phil.
Bob should ensure that an adult should accompany Phil at the time of agreement who would sign on his behalf as Phil is just 17 years old.
A detailed agreement is to be prepared which needs to be signed by an adult at the time of handing over the keys to Phil.
Bob needs to ensure the mode of payment used by Phil,whether cash,Car loan or on Equal monthly instalments.
If going for Car Loan, it has to be applied through a bankand it has to be approved by depositing proper documents.
Registration needs to be done in the name of an adult.
Car Insurance also has to be taken.
Step-by-step explanation: