Multiple Choice
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 on 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:

Verified
Correct Answer:
Verified
Q41: An unconscionable contract can be enforced if
Q42: The parental duty of support is terminated
Q43: Which of the following is true of
Q44: Bobby voluntarily enrolls in a skydiving course
Q45: A _ is a contract that provides
Q47: What is the doctrine of in pari
Q48: The act or process of a minor
Q49: Describe the infancy doctrine with reference to
Q50: A ratified contract can be disaffirmed even
Q51: Persons who entered into an illegal contract