Multiple Choice
Percy,age 17,purchased a used mobile home from a mobile home dealer for $20,000.This price,however,was twice the reasonable value of the mobile home.One month later,Percy wishes to disaffirm the contract.If the mobile home is considered a necessary,then:
A) Percy can disaffirm the contract based on the wrongful act of the dealer.
B) Percy can disaffirm the contract because the minor can live in an apartment rather than a mobile home.
C) Percy may keep the mobile home but is only liable for the reasonable value of the mobile home.
D) Percy must keep the mobile home and abide by the original terms of the contract.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Darrell goes to lunch with an office
Q3: An intoxicated person must have been so
Q4: Wanda at age 17 purchased an expensive
Q5: Todd,a minor,rents an automobile from Rosa,an adult.Todd
Q6: Ratification of a contract,once effected,is final and
Q8: Steve purchases a four-wheel drive truck from
Q9: In general,if a minor lies about her
Q10: Fay,age 17,ordered a pair of skis on
Q11: Persons who lack mental capacity at the
Q12: Ratification can occur in which of the