Holly, a 17-year-old, enters into a contract to order a car at her local dealer. She gives the dealer a $3,000 deposit. The car will be delivered in 4 months. Holly reaches the age of majority in 2 months and took no action. Is she bound by the contract and required to take delivery of the car when it arrives? Multiple Choice Yes, it remains binding unless repudiated within a reasonable time of attaining the age of majority. No, it is not binding unless repudiated within a reasonable time of attaining the age of majority. Yes, it remains binding unless ratified within a reasonable time of attaining the age of majority. No, it is not binding. It is automatically repudiated upon a minor attaining the age of majority No, it is not binding unless ratified within a reasonable time of attaining the age of majority.