Percival wants to sell his old computer for R3000. Alexius, a sixteen-year-old boy, wants to buy it. He tells Percival that he is twenty-three years old and may therefore conclude the contract of sale without his parents’ assistance. Percival and Alexius agree that Alexius will pay a deposit and that he will pay the balance in instalments. Alexius’s parents reduce his pocket money and as a result Alexius is unable to pay the instalments as agreed.
Which ONE of the following statements is CORRECT ?

Question

Percival wants to sell his old computer for R3000. Alexius, a sixteen-year-old boy, wants to buy it. He tells Percival that he is twenty-three years old and may therefore conclude the contract of sale without his parents’ assistance. Percival and Alexius agree that Alexius will pay a deposit and that he will pay the balance in instalments. Alexius’s parents reduce his pocket money and as a result Alexius is unable to pay the instalments as agreed. 
 Which  ONE  of the following statements is  CORRECT ?

Answer

Alexius is liable to pay the purchase price of the computer as he fraudulently posed as a major.

Answer

Alexius is not liable to pay the purchase price of the computer as the contract is not enforceable against him as he is a minor.

Answer

Alexius is liable to pay the purchase price of the computer as he is an emancipated minor.

Answer

Alexius is not liable to pay the purchase price of the computer as Percival should have ascertained the true facts before concluding the contract.

Crowdly

Percival wants to sell his old computer for R3000. Alexius, a sixteen-year-old b...

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