Voidable Agreements and Unconscionable Contracts Assignment

Voidable Agreements and Unconscionable Contracts - Assignment Example The following summary of a case in a court of law shows a voidable agreement containing an unconscionable contract. The case in subject involves a minor who purchased a used car from an adult at one hundred and forty dollars. He, the buyer, attempted to return the car after noticing that the main bearing system had malfunctions. As a result, the buyer informed the seller on the issue, and asserted that repairing the entire bearing system would cost approximately half the purchasing price. Therefore, the minor left the car with the seller and mailed a written notification expressing his dissatisfaction; hence terminating their contract.As a counter action, the adult seller sued the minor buyer for breaching their agreement. After appraising all essential components of the case, the court passed a ruling in favor of the seller on the basis that the contract was not voidable. The premise provided was that the buyer’s aunt and grandmother not only gave him the money for purchase o f the car, but also accompanied him to the venue of transaction. In this first ruling, the seller benefited as a result of misinterpretation of the law on voidable contract.The buyer appealed after losing in the first trial. The court of appeal analyzed the provided evidence and determined the case as a voidable contract. The appellate chamber maintained that the transaction surrounding the contract was between a minor and an adult