Twenty-two-year-old Chad has just graduated from college. He wants to buy a new car to celebrate. He expects to be able to make payments through his new job. His parents tell him that they will help him out, if he has difficulty making payments down the road, so he buys the car. Shortly thereafter, he loses his job, and can’t make the car payment. He tells the dealer that his parents have agreed to cover for him, but they have had unexpected home repair expenses, and it would be a hardship for them to cover for Chad. Which of the following is true?A. The dealer cannot legally require the parents to make the payment.B. The dealer can legally require the parents to make the payment.C. Only Chad can legally require his parents to make the payment.D. none of the above.
