True/False Tournament, Round 1. explaining your reasoning with each answer.

Travis, Walter Lees 12-year-old son, is not excited about moving from Chicago to Clybourne Park, until he realizes that he finally will be able to own and ride a bicycle. He takes some money that his grandmother had given him and puts a down-payment on an expensive bicycle. In the installment sales contract, Travis agrees to make monthly payments until the purchase price plus interest is paid in full. The installment sales contract also has a provision in it, directly over the signature blocks and printed in boldface type, that notifies the purchaser that all sales are final. When Ruth, Traviss mother, learns about the bicycle, she tells Travis that he needs to return the bicycle to the store and get his money back. The store owner is required to void the contract and return Traviss money when Travis returns the bicycle.