Business Law: Principles for Today's Commercial Environment 3rd Edition by Marianne Moody Jennings, David Twomey, Marianne Jennings

Exercise 14

Egan, a minor, contracted with Baker to purchase Baker's used computer for $400. The computer was purchased for Egan's personal use. The agreement provided that Egan would pay $200 down on delivery and $200 thirty days later. Egan took delivery and paid the $200 down payment. Twenty days later, the computer was damaged seriously as a result of Egan's negligence. Five days after the damage occurred and one day after Egan reached the age of majority, Egan attempted to disaffirm the contract with Baker. Egan will:
a. Be able to disaffirm despite the fact that Egan was not a minor at the time of disaffirmance
b. Be able to disaffirm only if Egan does so in writing
c. Not be able to disaffirm because Egan had failed to pay the balance of the purchase price
d. Not be able to disaffirm because the computer was damaged as a result of Egan's negligence (11/93, Law, #21, 4318)