Multiple Choice
Fay,age 17,ordered a pair of skis on the installment plan.She paid $20 every month until she turned 18,the age of majority.The next day,she sold them to Sharon and disaffirmed the contract.Fay is:
A) still liable since she had to disaffirm before her 18th birthday.
B) still liable because selling the skis amounts to a ratification.
C) not liable because she disaffirmed the contract.
D) not liable because skis are not necessaries.
Correct Answer:

Verified
Correct Answer:
Verified
Q5: Todd,a minor,rents an automobile from Rosa,an adult.Todd
Q6: Ratification of a contract,once effected,is final and
Q7: Percy,age 17,purchased a used mobile home from
Q8: Steve purchases a four-wheel drive truck from
Q9: In general,if a minor lies about her
Q11: Persons who lack mental capacity at the
Q12: Ratification can occur in which of the
Q13: In some states,minors are liable for contracts
Q14: A person taking a prescription medication that
Q15: Intoxicated persons are liable in quasi contract