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Hans, who was seventeen years old, purchased a used car at Geneva Hughs' Auto Lot for $2600. Hughs made out the title and sales receipt in Hans' name. Hans drove the car to school several times during the following week and discovered that the main bearing was burned out. He took the car back to the auto lot and was told by Hughs that it would cost between $1400 and $1500 to repair the car. Hans refused to pay for any repairs, left the car parked on the lot, and a week later requested the return of his $2600. Hughs alleged that because Hans' uncle had given $1200 towards the purchase price of the car, Hans could not disaffirm the contract. Hughs claimed that even if Hans could disaffirm the contract, Hughs did not owe him $2600, since the car suffered $750 in damages when a driver backed into Hans' car the evening after he left it at Hughs' lot. Decide, discussing fully the arguments of both parties.
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Nicola is concerned about her potential liability for the debts and liabilities of the partnership. Also, she is concerned about the future of the business if one of them should decide to leave, as the lease is in both of their names.
This assignment related to business law.
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