A minor,unable to live at home,contracts to rent an apartment for one year at $600 per month.After living there for three months,he disaffirms the contract.The reasonable value of that apartment was only $500 per month.Assuming no rent has been paid,the minor must pay:

Question

Quizplus · Accepted Answer

When a minor disaffirms a contract, they are no longer bound to the terms of the contract. However, they may still be liable for the reasonable value of any goods or services received before disaffirming. In this case, the minor lived in the apartment for three months, so they may be liable for the reasonable value of three months of rent. The reasonable value is stated to be $500 per month, so the minor would be liable for 3 months x $500 per month = $1,500. Therefore, the correct answer is C.

A Minor,unable to Live at Home,contracts to Rent an Apartment