High Court Wellington
9 June; 6 July 1989
Thorp J
9 June; 6 July 1989
Thorp J
Contract — Minor — Enforcement of contract — Sharebroker extended credit for purchase of shares to minor who was under 18 years of age, and following sharemarket crash was owed substantial sum — Sharebroker sought enforcement of contracts — Whether contracts were fair — Whether contracts were reasonable — Whether contacts should be enforced — Minors' Contracts Act 1969, s 6.
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