10-year-old Erasmus walks into a toy store, TOYS 4 US!, to buy a cool new dump truck with his birthday savings. Two days later, the truck Erasmus bought was deemed a collectable and began selling on EBay for triple the price Erasmus paid. The TOYS 4 US! manager realizes this and attempts to cancel the contract he made with Erasmus. Will this cancellation be successful? Why or why not? O No, this contract cannot be voided because it is assumed Erasmus's parents approved of the purchase. O Yes, this contract can be voided because Erasmus is a minor. O No, because only Erasmus (or his parents on his behalf) can void the contract. No, because this contract is valid. Yes, because this contract is unenforceable.

10-year-old Erasmus walks into a toy store, TOYS 4 US!, to buy a cool new dump truck with his birthday savings. Two days later, the truck Erasmus bought was deemed a collectable and began selling on EBay for triple the price Erasmus paid. The TOYS 4 US! manager realizes this and attempts to cancel the contract he made with Erasmus. Will this cancellation be successful? Why or why not? O No, this contract cannot be voided because it is assumed Erasmus's parents approved of the purchase. O Yes, this contract can be voided because Erasmus is a minor. O No, because only Erasmus (or his parents on his behalf) can void the contract. No, because this contract is valid. Yes, because this contract is unenforceable.