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Answer :
Ed would likely lose the lawsuit due to Ryan's legal capacity as a minor since contracts with minors are voidable, allowing the minor to disaffirm the contract. Parental consent is not a factor in the minor's decision to void the contract. Therefore, the correct option is b) Likely lose due to Ryan's age and legal capacity.
In the scenario involving Ryan, a minor, and Ed, an adult, regarding a contract for the sale of an automobile, the most likely outcome would be b) Likely lose due to Ryan's age and legal capacity. In most jurisdictions, contracts entered into by minors are considered voidable at the minor's discretion. This means that Ryan, as a minor, can choose to disaffirm or void the contract, and there is generally little Ed can do to enforce it. Because minors are generally not held to the same legal standards as adults due to their lack of capacity, the law protects them from being bound by contracts that they may not fully understand or may enter into without recognising the implications.
If Ed were to sue to enforce the contract, the court would likely find that Ryan, as a minor, did not have the capacity to enter into a legally binding contract and therefore could not be compelled to complete the sale. Parental consent is generally not a factor once the minor has chosen to exercise their right to disaffirm the contract. It’s important to note, though, if the contract provided for necessary items, the results might differ as such contracts can sometimes be enforceable against minors. However, an automobile is typically not considered a necessity, and as such, Ryan likely has the right to void the contract. Therefore, the correct option is b) Likely lose due to Ryan's age and legal capacity.
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