Robert, a minor, buys a stereo from Jane for $200. State law allows a minor to disaffirm contracts within a reasonable time after turning 18. Robert disaffirms the contract the day after turning 18 and returns the stereo. a. This contract was a valid contract, Robert cannot disaffirm. b. This contract was a voidable contract, Robert can disaffirm. c. This contract was a void contract. d. This contract was unenforceable because it needed to be in writing to be enforceable.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Robert, a minor, buys a stereo from Jane for $200. State law allows a minor to disaffirm contracts within a reasonable time after turning ...” 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
You Might be Interested in
What does a barometer do?
Answers (1)
Debbie belongs to a campus organization that serves as a clearing house for student complaints. Debbie never seems to care about many of the studentsʹ problems, and this makes other group members angry.
Answers (1)
How do dogs drink water
Answers (1)
Suppose that the (absolute value) of the elasticities of demand for apples, bananas, and peaches are 0.9, 1.6, and 0.8, respectively. Assume that the supply curves for these goods are identical and that an identical tax is levied on each good.
Answers (1)
After posting all actual factory overhead and applying factory overhead to production departments in a process costing system, A. There will never be underapplied overhead. B. There will never be overapplied overhead. C.
Answers (1)
New Questions in Business
Give an example of a person interacting outside of a market?
Answers (1)
What are the strengths and weaknesses of the Campbell Soup Company's marketing?
Answers (1)
Stock market crashes happen when the value of most of the stocks in the stock market increase at the same time. Question 10 options: True False
Answers (1)
Marginal utility is the: A. sensitivity of consumer purchases of a good to changes in the price of that good. B. change in total utility obtained by consuming one more unit of a good.
Answers (1)
You think that in 15 years it will cost $214,000 to provide your child with a 4-year collge education. Will you have enough if you take $75,000 toady and invest it for 15 years at 4%?
Answers (1)