Ask Question
23 August, 22:10

Bob, age 17, has entered into a contract to buy a car. The contract is: a. voidable. b. void. c. voidable only if Bob can return the car. d. enforceable since it is for a necessary. e. none of the above

+1
Answers (1)
  1. 24 August, 00:19
    0
    The correct answer is letter "A": voidable.

    Explanation:

    Voidable contracts are those that cannot be enforced because one or the two parties involved are not legally eligible to go on in such an agreement. Reasons to void a contract include but are not limited to failure to disclose material facts, legal incapacity to enter a contract or inconsistent contractual terms.

    Thus, Bob's contract to purchase a car is voidable since he is legally incapable of signing agreements due to his age (17 years old).
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Bob, age 17, has entered into a contract to buy a car. The contract is: a. voidable. b. void. c. voidable only if Bob can return the car. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers