Question:
Analyze the following case--who should win and based on what legal reasons; who should lose and what are their legal arguments. Be sure to cite appropriate legal reasoning (contract law) in your analysis.
Jones Used Car Lot sold a five-year old sedan to a young man, age 17 at the time. He paid for the car with $250 cash and agreed to pay the balance in monthly payments of $250 for the next 36 months. When he bought the car, he represented that he was a full-time student with a part-time job. A credit check showed no credit history, but employment was verified, and the dealership extended credit without a co-signer. The young man, Chad, looked at cars with his girlfriend Melissa; they told the salesman they were going to be married in less than a year. Shortly after Chad turned 18, the dealership received notice that Chad was disaffirming the agreement and that the car could be picked up at a nearby car repair shop. The shop had not performed repairs on the car, but estimated that approximately $1,000 worth of engine repairs was needed. It was indicated that these repairs were not the result of accident or abuse of the vehicle. Jones Car Lot filed suit against Chad, who is now 18, for back payments and interest.
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