Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

26. Marnie, a minor, disaffirms a contract for necessaries without returning the goods. To Leons Food Mart, the seller, Marnie is required to pay a.

26. Marnie, a minor, disaffirms a contract for necessaries without returning the goods. To Leons Food Mart, the seller, Marnie is required to pay

a. nothing.

b. the reasonable value of the goods.

c. the sales price of the goods.

d. the ultimate worth of the goods.

27. Warren enters into a contract to sell his laptop to Roberta. Roberta takes possession of the laptop as a minor and continues to use it well after reaching the age of majority. Roberta has

a. expressly ratified the contract.

b. impliedly ratified the contract.

c. disaffirmed the contract.

d. none of the choices.

28. Intoxicated but still capable of comprehending the consequences of her actions, Celia signs a contract to sell her phone app design to Uploads, Inc. This contract is

a. unenforceable because Celia was intoxicated.

b. enforceable.

c. unenforceable if Celia disaffirms it.

d. unenforceable if Uploads disaffirms it.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial and Managerial Accounting

Authors: Horngren, Harrison, Oliver

3rd Edition

978-0132497992, 132913771, 132497972, 132497999, 9780132913775, 978-0132497978

More Books

Students also viewed these Accounting questions

Question

Evaluate 3x - x for x = -2 Answer:

Answered: 1 week ago