Asked by Shyla Schneider on Apr 29, 2024
Verified
Marlene,a self-employed 16-year-old whose parents are deceased,buys a dress on credit for $50.After receiving the dress and discovering that its reasonable value is only $25,Marlene tries to disaffirm the deal before paying the $50.In this case:
A) Marlene can disaffirm,and she is bound to pay the full $50.
B) Marlene can disaffirm,but she is only bound to pay $25.
C) Marlene can disaffirm,and she can return the dress without paying for it.
D) Marlene can disaffirm,and she can keep the dress without paying for it.
Disaffirm
The legal act of rejecting or voiding a contract or agreement, particularly used in the context of minors who wish to void contracts entered into before reaching the age of majority.
Reasonable Value
An estimation of the fair or proper cost, worth, or price of goods or services in the marketplace.
- Acquire knowledge about the defense measures and limitations involved in contracts for necessaries.
- Comprehend the idea of disaffirmance, as well as the particular conditions that permit the annulment of a contract.
Verified Answer
ZK
Zybrea KnightMay 05, 2024
Final Answer :
B
Explanation :
Minors who disaffirm a contract are liable to pay the reasonable value of the good/services received.
Learning Objectives
- Acquire knowledge about the defense measures and limitations involved in contracts for necessaries.
- Comprehend the idea of disaffirmance, as well as the particular conditions that permit the annulment of a contract.