Marty, a 16-year-old, contracts with Cream-of-the-Crop Cycles to buy an $8,000 motorcycle. Marty agrees to make monthly payments until the purchase price plus interest are paid in full. Which of the following is correct?
a. The contract is voidable by Marty.
b. The contract is void as soon as it is made.
c. The contract is voidable by Cream-of-the-Crop Cycles.
d. The contract is voidable by either Marty or Cream-of-the-Crop Cycles.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Marty, a 16-year-old, contracts with Cream-of-the-Crop Cycles to buy an $8,000 motorcycle. Marty agrees to make monthly payments until the ...” 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
A computer manufacturer has a basic model, a business model and a premium model, each with a variety of options. They each have a different base price. This is an example of:
Answers (1)
The local community bus service, which is a monopoly, charges $2.00 for a one-way fare. The city council is thinking of raising the fare to $2.50 and expects it to generate 25% more revenue.
Answers (1)
Select the correct answer from the drop-down menu. Modern businesses use different technologies to accomplish work tasks. Which type of technology is described in the given sentence? is intangible creative work that is embodied in physical form.
Answers (1)
Kanter, which of the following is true of executives feeling powerless? Group of answer choices They exceed budget limitations. They use dictatorial, top-down communication. They have access to early information.
Answers (1)
Jan. 8 Issued Check 2101 for $2,450 on account to Song, Inc., in payment of Invoice 1885 dated December 30, 2018, less cash discount of $50. 10 Purchased merchandise for $1,250 from Song, Inc., Invoice 1920; terms 2/10, n/30.
Answers (1)
New Questions in Business
A location alternatives has been narrowed down to two locations, Dayton and Boston. The main factors in the decision will be the supply of raw materials, which has a weight of. 50, transportation cost, which has a weight of.
Answers (1)
The phrase elysian prospects suggests the
Answers (1)
Power company employees use a sUAS to inspect a long stretch of high voltage power lines. Due to muddy conditions, their vehicle must stay beside the road and the crew must use binoculars to maintain visual line of sight with the aircraft.
Answers (1)
Alma won a beauty contest and received $3,500 in cash. In 4 years, when Alma turns 21, she wishes to go to Las Vegas. Her parents agree to pay for her hotel and airfare, but she needs spending cash.
Answers (2)
Which of the following is a drawback of a push strategy? A. It can only be used to sell industrial products. B. It is useful only in advanced nations where consumers are sophisticated and highly educated. C. It decreases interaction with consumers.
Answers (1)