Reference no: EM131713431

1. Dodson, 16, bought a truck for $4,900 in cash from Shrader. After driving it for nine months, he took it to a mechanic to check out a problem and was told there was a burned valve in the engine. Dodson drove the truck for two more months without repairs, until the engine "blew up." Later, the inopera- ble truck was struck while parked and damaged further. Dodson tendered the truck to Shrader and demanded his $4,900 back. Shrader refused to return the money without being paid the difference between the value of the truck as tendered, which was $500, and the $4,900. Must Dodson put Shrader in status quo? (explain in two paragraphs)

2. A minor bought an Ernie Banks baseball card from a baseball card store. The card was marked $12, and the inexperienced clerk who sold it did not know the store owner, who was gone at the time of the sale, meant it to be sold for $1,200. Can the owner get the card back because of the minor's lack of capacity? Why? (explain in two paragraphs)