A teenager aged 15 signs a contract to buy a luxury sports car. The seller wishes to enforce it. What is the most likely legal position in a common law jurisdiction?
-
A
The contract is fully binding because the teenager signed voluntarily.
-
B
The contract is void because minors lack contractual capacity.
-
C
The contract is voidable at the minor's option and unenforceable by the seller.
-
D
The contract is enforceable only if a parent co-signed.