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Chad is sixteen years old. He went to a local used-car dealership and looked at an automobile. The salesperson never asked Chad his age, nor

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Chad is sixteen years old. He went to a local used-car dealership and looked at an automobile. The salesperson never asked Chad his age, nor asked for identification. Chad agreed to purchase the vehicle, and then shortly thereafter changed his mind. What is the status of the contract with respect to Chad? a) It is an illegal contract. b) It is a void contract. c) It is a voidable contract. d) It is a valid contract

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