Clem had wanted a piano for a long time. Although he was a minor, his mom gave him $300 and he took this with some savings and made a $500 down payment on a $3000 piano. The balance was to be paid over a three-year period. His mom signed the contract as a guarantor. Clem made the first three payments, but he damaged the piano while trying to move it from the living room to his upstairs bedroom. He didn't have the money to get it fixed. He quit playing piano, lost interest, and quit making his payments. On these facts, which of the following is false?
◦ If Clem's mother guaranteed the deal, she would be liable on her guarantee even if the contract is unenforceable against Clem.
◦ Clem's mother will be liable on the guarantee only if it is in writing.
◦ Although the contract is unenforceable against Clem, if he affirms the contract after he reaches the age of majority, the seller will be able to sue him for breach of contract.
◦ Because Clem is a minor, he cannot sue the seller, even if the piano is defective.
◦ Unless Clem affirms the contract or partly performs the contract after he reaches the age of majority, the seller cannot get any compensation from him.
Solution (Polynomial Long Division)
Feng Mengbo, Long March: Restart.
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