Jordan, a 17-year-old high school student, signed a contract to purchase a laptop from TechStore. After a month, Jordan decided to return the laptop, arguing that he lacked the capacity to enter into the contract due to his age. Which of the following best describes the enforceability of Jordan's contract?
Jordan can void the contract.
The contract is enforceable.
The contract is voidable.
The contract is enforceable despite TechStore's knowledge of Jordan's age.
The correct answer is that the contract is voidable. Under contract law, contracts entered into by minors are typically voidable at the minor's discretion to protect their interests. The option stating that Jordan can void the contract is less precise as it does not use the legal term 'voidable.' The statement that the contract is enforceable despite TechStore's knowledge of Jordan's age is incorrect because a minor's capacity to contract generally supersedes the seller's awareness. Additionally, asserting that the contract is enforceable is incorrect because minors typically retain the right to void their contracts.
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What does it mean for a contract to be 'voidable'?
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Why do minors have the right to void contracts?
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How does TechStore's knowledge of Jordan's age affect the contract?