1. That the offender takes advantage of the inexperience or
emotions or feelings of a minor;
2. That he induces such minor
(a) to assume an obligation, or
(b) to give release, or
(c) to execute a transfer of any property right;
3. That the consideration is
(a) some loan of money,
(b) credit or
(c) other personal property; and
4. That the transaction is to the detriment of such minor.
Real property is not included since a minor cannot convey
real property without judicial authority.