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Maria,aged 16,from a Wealthy Family,purchases Designer Jeans on Credit for $300.The

Question 33

Multiple Choice

Maria,aged 16,from a wealthy family,purchases designer jeans on credit for $300.The true fair market value for the jeans is $75.Which of the following is true of this case?


A) Maria can disaffirm the purchase because designer jeans are not a necessary.
B) She cannot disaffirm,because her family is wealthy.
C) She is liable to pay $300,as per contract.
D) She may not disaffirm and is liable for $75.

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