Question

FACTUAL SITUATION NUMBER TWO: Tinear Sniffel, a minor, purchased a new stereo for $750.00. After listening to it for a week, he decided he didn't like it, so he sold it to his friend, Harry for $500.00. Two weeks later, Tinear learned that he could disaffirm his purchase of the stereo, and he notified the stereo store of his intention to disaffirm, demanding the return of his purchase price. Does the fact that Tinear no longer has the stereo prevent him from disaffirming? Why or why not? Does he need to return the $500.00 to the store? Again, why or why not?

Answer 1

as already Tinear paid the price to the stereo shop owners and own the product. later he realized that he does not satisfied with its performance and he sold it to his friend for some price. Here nothing is wrong with Tinear actions, and he does not need to answer or pay anything to the shop owners. Because, once a product is owned by a customer by paying all its price, afterwards it is the wish of the customer what to do with the product. He can donate, he can destroy, he can re-sell to others and so on. In this case Tinear does not need to anything to the shop keeper or some one others. as the owner to the product, he has all the rights transferred by the shop owners.