Question: Alicia, a 17 year old student, purchased a car using her own money as a down payment and signed an installment contract for the remaining
Alicia, a 17 year old student, purchased a car using her own money as a down payment and signed an installment contract for the remaining $7000. Her father co-signed on the contract with her. Alicia, unhappy with her choice of car, gave the car away to her boyfriend, stopped making payments, and disaffirmed the sale with the car dealer. Her father was notified by the dealer immediately for the remainder owed. Does her father have any defense he can assert against the car dealer that will prevent him from having to pay the remaining debt?
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If a debtor lacks capacity to contract then he may disaffirm the contract H... View full answer
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