Martin, a 15-year old, was tired of driving the family's old SUV. So he purchased a sports
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Martin, a 15-year old, was tired of driving the family's old SUV. So he purchased a sports car from Samantha for $26,000, with money given to him by his grandfather who thought martin should go to college. After martin drove the sports car for 5 months, it was stolen (martin barely had money for gas, and had no insurance), never to be recovered. Martin now seeks a refund from Samantha.
Does Samantha have to pay? Why or why not?
Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-0324787351
1st Edition
Authors: Rich Jones, Mowen, Hansen, Heitger
Posted Date: