16-Year-Old Frank Bought a Video Game Console from John for $150.Frank

16-year-old Frank bought a video game console from John for $150.Frank is a minor, while John is a competent adult.A month later, the console started malfunctioning on its own.Frank returned the console to John.If Frank disaffirms his contract with John for buying the console, which of the following will be considered true?

A) John is not bound by the contract any more as the exchange has been completed.
B) Frank can reclaim full refund of the amount he paid.
C) Frank can only ask for full refund once he has reached the age of majority.
D) Frank is legally obligated to fix the console before returning it to John.

Correct Answer:

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