Book Opener

Figure 7.2Attn: Buy-A-Heap Used CarsMr. Fred Barenblatt660 Lexington AvenueChicago, IL 3148017810 Windward RoadChicago, IL 31485September 9, 20––DISAFFIRMINGCONTRACTSIt is generally best to makesure any attempt to disaffirma contract is inwriting. Would it also benecessary to use a writingto ratify a contract?Seller’s nameand addressDear Mr. Barenblatt,Please take notice that I, Jake Novak, of 17810 WindwardRoad, Chicago, Illinois, hereby disaffirm the contract enteredinto between you and me on September 8, 20––, at yourplace of business (Buy-A-Heap Used Cars) at 660 LexingtonAvenue, Chicago, Illinois, for the purchase of a Ford Mustang,serial number LTR 4565293433 xa.Minor’s nameand addressDate and placeof contractingOn the date of the contract, I was 16 years of age and aminor under the laws of this state. Demand is hereby made ofyou for a return of all money paid to you by me under thecontract, which was $500.00.I will return the Ford Mustang to your auto lot at 10:00 A.M.on September 10. I am sorry to tell you that thetransmission is no longer operating properly.Time and placeto returnconsiderationCordially yours,Jake Novakof the parties to a contract is a minor, that person is the only one whocan avoid the contract. If the minor chooses to enforce the contract, heor she may do so.Example 2. Rob, who is 15, offered to sell his mountain bike toCorey, who is 16. Corey initially agreed to buy the bike but thenchanged his mind. Because Corey is a minor, he has the right toavoid the contract. The fact that Rob is also a minor makes nodifference.Chapter 7: Contractual Capacity 153