Sophia, a 17-year-old high school student, signs a contract to purchase a car from Liam. Two weeks later, Sophia decides she no longer wants the car and seeks to void the contract. Which defense is Sophia most likely to successfully assert?
Sophia is a minor, and contracts entered into by minors are generally voidable at the minor's discretion. This defense is based on incapacity to contract, allowing her to void the agreement. Duress involves threats, undue influence pertains to improper pressure, and the statute of frauds relates to certain contracts needing to be in writing, none of which apply in this scenario.
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What does it mean for a contract to be voidable?
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What legal protections are granted to minors in contract law?
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Why can't duress or undue influence apply to Sophia's situation?