Asked by Zahra Alasiri on May 22, 2024
Verified
Ron,aged 20 years and 4 months,purchases a car from Slim's Auto Sales for $2,000.However,Ron returns the car to Slim Auto Sales telling them he does not feel this is the right car for him and that he wants his money back.At the time of disaffirmance,Ron was 21,the age at which he is considered an adult in his jurisdiction.Will this disaffirmance be enforceable in the court of law?
A) No,since Ron did not give Slim a signed disaffirmance.
B) Yes,since Ron disaffirmed during the year he reached his adulthood.
C) No,since the disaffirmance must be written when the price exceeds $500.
D) Yes,since the courts and laws always rule in the favor of minors.
Disaffirmance
The process of rejecting or nullifying a previously agreed-upon contract, especially applicable to minors or parties lacking full capacity.
- Determine the circumstances that allow minors to invalidate agreements.
Verified Answer
AT
Andrew TodtenhagenMay 25, 2024
Final Answer :
B
Explanation :
Ron disaffirmed the contract when he reached the age of majority in his jurisdiction. As he was 21 years old at the time of disaffirmance, he had the legal capacity to do so. Therefore, the disaffirmance will be enforceable in the court of law.
Learning Objectives
- Determine the circumstances that allow minors to invalidate agreements.
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