Tillman entered into a contract with Paul to purchase a stereo. Tillman is 17 when he purchases the stereo and a month after he turns 18 he wants to disaffirm the contract, can he?
A) Yes, as long as it is within 30 day of reaching the age of majority.
B) Yes, as long as it is within 60 days of reaching the age of majority
C) Yes, as long as it is within 6 months of reaching the age of majority.
D) Yes, as long as it is within a reasonable time of reaching the age of majority.
E) No, Tillman cannot disaffirm now that he is 18.

Question

Quizplus · Accepted Answer

In many jurisdictions, a person who enters into a contract while they are a minor (under the age of majority, which is typically 18 in the United States) has the right to disaffirm or void the contract either before they reach the age of majority or within a reasonable time after reaching it. The term "reasonable time" is not strictly defined and can vary depending on the circumstances, but it generally allows for a period beyond just a few days or months, taking into account the nature of the contract and the individual's awareness of their rights. Therefore, Tillman can disaffirm the contract within a reasonable time of reaching the age of majority.

Tillman Entered into a Contract with Paul to Purchase a Stereo