Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Marla was a student at the University of Buffalo. She obtained a student loan when she was 17 years old and applied the money to

Marla was a student at the University of Buffalo. She obtained a student loan when she was 17 years old and applied the money to her tuition. She attended the school for one semester and decided she wanted to go to work rather than college. She wishes to disaffirm the contract requiring her to repay the loan. Can she do so?
a. Yes because she was a minor when she entered it.
b. No, this type of contract cannot be disaffirmed.

Step by Step Solution

3.33 Rating (150 Votes )

There are 3 Steps involved in it

Step: 1

No this type of contract cannot be di... 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

Probability and Stochastic Processes A Friendly Introduction for Electrical and Computer Engineers

Authors: Roy D. Yates, David J. Goodman

3rd edition

1118324560, 978-1118324561

More Books

Students also viewed these Economics questions