Shane is 15 years old and agrees to buy a laptop from Peter for $600 to be
Question:
Shane is 15 years old and agrees to buy a laptop from Peter for $600 to be paid in instalments of $100 over 6 months. It is valued at over $1200. After 2 months Shane stops the payments.
Shane uses the laptop to play computer games and to look at Facebook.
a) Is there a legally enforceable contract?
b) Can Peter successfully sue Shane for the remaining payments?
c) What cases would assist in determining the outcome?
d) Is there any legislation in NSW that may assist Peter in suing Shane?
e) If Shane had been using the laptop to do an online training course for his casual job would that make any difference to your answer and why?
Explain it in an essay form with references.
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill