Person R, aged seventeen, bought a truck from company J by trading in his passenger car for $6,743 purchase price and $2,723 in credit agreeing to pay in equal monthly instalments. After he paid first month instalments, his truck caught fire. Insurance agent refused to deal with him as he is minor. Person R sued the company J to annul his contract with them and recover the purchase price he paid already. Company J argued that he cannot annul the contract as the truck is a necessary item. To discuss: On whose favour should court rule.

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Chapter 14, Problem 14CP

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Person R, aged seventeen, bought a truck from company J by trading in his passenger car for $6,743 purchase price and $2,723 in credit agreeing to pay in equal monthly instalments. After he paid first month instalments, his truck caught fire. Insurance agent refused to deal with him as he is minor. Person R sued the company J to annul his contract with them and recover the purchase price he paid already. Company J argued that he cannot annul the contract as the truck is a necessary item.

To discuss: On whose favour should court rule.

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