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Business Law Sceenarios

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* * * Scenario 2 * Jeremy Atwater put a down payment on a car. The salesman assumed that Jeremy was of age more than likely distracted and excited about the cash that was presented to them. Jeremy signed for the car and was able to drive it off of the lot. Now since Jeremy is not of age he does not know or act as a responsible adult. Jeremy ended up losing his summer job and decided to take the car back to cancel the contract and on top of that he wanted a refund. * * Possible Outcomes * This scenario has a large range of different outcomes. The first outcome is that sales person would be fired. He put the company at risk and he put Jeremy at risk. If Jeremy decided to not be responsible and turn the car in to the company the company could have easily had to take the hit for the amount the car was worth. If Jeremy would have hurt anyone while he had possession of that car the company that sold him the car could be held liable and if that were too happen the cost would be way more than just the car. It could be another person car, hospital bills, multiple hospital bills if more than one person got hurt and don’t forget a lawsuit. * An unexpected scenario is as unbelievable as it sounds the car dealership may indeed have to give Jeremy his money back. Due to him not being of age the contract is not a legal binding document. Therefore, they may have to give the minor his money back because they were never supposed to take it in the first place. The dealership should actually consider themselves lucky to have the car back because if the case went to court the dealership may have had to reimburse Jeremy regardless if he was able to turn the car in or not. * * Legal remedies * In this scenario the best thing for Jeremy and the dealership to do is to let Jeremy return the car, to give him his money back and to

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