Scenario: Jane, age 16, buys a motor bike from Carl's Cycle Shop for $400 in January 2015. She used it for a month and then signed a paper in February stating that she ratified the contract with Carl. Jane continue to use
the bike for three more months before taking it back to Carl's Cycle Shop in May claiming it was too slow and she
just did not like riding anymore. Jane demanded the return of her $400, even though she had worn down the
tires and tore the seat. According to the majority view, explain whether Jane can get her money back from Carl
without accounting for the wear and tear on the motor bike? According to the modern view, explain what is
likely to happen?
Question Prompt: Within your answer, identify the rules of law associated with (a) a minor's ability to enter into
a contract, (b) a minor's ability to disaffirm a contract, and (c) a minor's obligations upon disaffirmance.