At Age 16,Phil Bought a Car from Acme Auto Co

Multiple Choice

At age 16,Phil bought a car from Acme Auto Co.for $2,500.Phil drove the car for about six months,and then he had an accident.The damage to the auto was $1,500.In addition,the value of the auto before the accident was only $2,000.The accident was not Phil's fault.Phil wishes to disaffirm the contract.Which of the following best describes this situation?

A) Because the car was damaged,Phil cannot disaffirm the contract.
B) Phil can disaffirm the contract,but he can recover only $500 of his money.
C) Phil can disaffirm the contract,but he can recover only $2,000 of his money.
D) Phil can disaffirm the contract and recover the entire $2,500.
E) Phil can disaffirm the contract,but he must first have the car repaired.