Topic: Capacity and Legality: Bill is selling his 2002 Toyota for $3,000. Bill's car is parked in his driveway with a 4-sale sign on it opposite LA City College. John approaches Bill and tells him he would like to take it for a ride and then, if he likes it, John will buy it. Bill asks John if he has a driver's license? John shows him his license and then takes the car for a test drive. John buys the car from Bill.
About six (6) months later John comes to Bill's house and requests that Bill give him his money back. The car now has a few dents in it and about 10,000 additional miles on the odometer. As it turns out, John is only 17 years old. Had Bill looked closely at John's driver's license perhaps he would have realized that John was only 17 yrs old! Question: Does Bill have to return John the $3,000? What does the Majority Rule (Most states in U,S,A.) have to say about this?
Questions:
A) Does Bill have to return John the $3,000?
B) What does the Majority Rule (Most states in U,S,A.) have to say about this?
C) Are there Exceptions to the Rule regarding minors making purchases - carefully list any and all exceptions?