X, a minor, buys a car from Y, an adult, for $500. X wrecks the car and decides he wants to rescind the contract with Y
Posted: Thu May 05, 2022 8:20 am
X, a minor, buys a car from Y, an adult, for $500. X wrecks the car and decides he wants to rescind the contract with Y and recover his $500. X cannot rescind under any circumstaces. X can rescind, but only if he pays Y the reasonable value of the car. X can rescind by returning what's left of the car and nothing more. X can rescind only if he puts Y back to the status quo.