FACTUAL SITUATION NUMBER ONE: Jon Revolta, a minor, had hopes of becoming a great "disco" king, so he went to a jewelry store and purchased a gold medallion necklace for $2,000. After a week of constant responses at the "disco" such as "Buzz off, Turkey", Jon decided that being a "disco" king required more than a gold medallion, and that he had wasted $2,000. Jon went to the jeweler, demanded his money back, and tendered back the necklace.
Must the jewelry store refund Jon’s money? Was a contract created when Jon purchased the medallion? Why or why not? Was a contract consummated when Jon wore the medallion to the disco? Why or why not? Is the jewelry store entitled to withhold a portion of the money as “rent” for using the medallion for a week? Why or why not?