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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?

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Operation Management, Management Studies

Category:- Operation Management
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