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Unformatted text preview: contract since they can’t understand its meaning. • Now, minors are allowed to sign contracts in Tennessee as long as they are fair and don’t involve trickery, but if they want to break the contract, the minor is held liable paying for the use of the item or product. Decision: • Court of appeals affirmed the trial court decision and made the Shraders pay $4900 (cost of the truck) • Case is remanded to the trial court for further proceedings with the judgement Why: • Majority rule: based on “infancy doctrine,” gives minors protection from their lack of judgment with their finances from adults in the marketplace who are trying to take advantage of them...
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This note was uploaded on 02/15/2012 for the course BLAW 1310 taught by Professor Hale during the Fall '11 term at Texas State.
- Fall '11