Mark,who is 16 years old,appoints Joe,age 21,as his agent to purchase a videotape recorder from VideoWorld.The transaction between Joe and VideoWorld is:
A) void because Mark is a minor.
B) voidable by VideoWorld because Mark is a minor.
C) voidable by Mark because he is a minor.
D) not voidable because Joe is not a minor.

Question

Quizplus · Accepted Answer

The transaction is voidable at the discretion of Mark because he is a minor. Minors have the legal right to disaffirm contracts to protect them from exploitation, but the contract is not automatically void.

Mark,who Is 16 Years Old,appoints Joe,age 21,as His Agent to Purchase