Mary,age 16,buys a car from Friendly Auto Dealers.She pays $1,500 for the car.It turns out that the car is really worth $2,500.Friendly wants to disaffirm the contract and get the car back.Which of the following best describes this situation?
A) This is a valid,enforceable contract because a car is a necessity.
B) Because Mary is a minor,this contract is void and Friendly can get back the car by paying Mary $1,500.
C) Because Mary is a minor,this contract is voidable and Friendly can get the car back by paying Mary $1,500.
D) Because Mary is a minor,this contract is voidable,but only at the option of Mary,not at the option of Friendly.
E) Because Mary has driven the car,the contract cannot be disaffirmed.
Correct Answer:
Verified
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