Question: Blake, a 1 7 - year - old, is desperate for a car so that they can obtain a job delivering pizzas. Blake borrows $

Blake, a 17-year-old, is desperate for a car so that they can obtain a job delivering pizzas. Blake borrows $2,000 from an adult family friend to buy a used car. If Blake fails to repay the debt, can the family friend successfully sue them for the debt?
No, because the money was used to purchase a car that was necessary for their employment.
No, because not all the essential elements of a contract are present: offer, acceptance, and consideration.
Yes, because the loaning of money is a necessity.
No, because the loaning of money is not a necessity.
No, because the money was used to purchase a non-necessary item.

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