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Problem question relating to the capacity of a minor.

William needed a bicycle to get to his job as an apprentice chef.  When he visited the local bicycle shop he fell in love with an $8000 bike that, due to a special offer, could be bought on hire purchase at $100 per month with no added interest. The only problem was that the loan application required William to tick a box acknowledging that he was over 18 years of age.  William, the naughty boy, had turned 17 just one week earlier but ticked that box anyway; so desperate was he for the bike.

After just one month William lost his job and stopped making his $100 monthly repayments but continued riding the bike around the town.

 

I know that the issue would be a fraudulent representation of full age. However, what rights would the bike shop owner have against William? If you could help me break it down?

Thank you :)

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