Contracts by Minors (Business Law Today) Custom Essay

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Contracts by Minors (Business Law Today) Kalen is a seventeen-year-old minor who has just graduated from high scholl. He is attending a university two hundred miles from home and he has contracted to rent an apartment near the university for one year at $500 per month. He is working at a convenience store to earn enough income to be self-supporting. After living in the apartment and paying monthly rent for four months, be becomes involved in dispute with his landlord. Kalen, still a minor, moves out and returns the key to the landlord. The landlord wants to hold Kalen liable for the balance of the payments due under the lease. Discuss fully Kalen’s liablity in this situation.

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