May the college enforce the loan agreement against alicia

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Reference no: EM132245564

The fatehr of a 17 year old daughter, Alicia, sent his daughter away to college, and paid Alicia's expenses for board, clothing and tuition.

a) Assume that Alicia decided to occupy her spare time, and accordingly contracted to take a two year correspondence course in computer repair with Careers Correspondence School. After Alicia became 18, she continued to receive the course materials for 6 months, did the correspondence lesssons, used the books sent to her, and made six monthly payments. Then she notified Careers Correspondence School that she disaffirmed any further obligation under the contract. In an action by Careers Correspondence School against Alicia to recover the balance due under the contract, judgement for whom? Explain.

b) Assume that while Alicia was 17, her father suffered financial reverses and Alicia and her father agreed that thereafter Alicia was on her own. In order to return to colleg, Alicia borrowed $25,000 from the college's student Aid Fund to cover her expenses for the next year. The loan was payable at the end of 3 years. When Alicia became 18, she immediately notified the college that she disaffirmed the loan agreement. May the college enforce the loan agreement against Alicia? Explain

Reference no: EM132245564

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