Fletcher signs a contract to buy a new electric guitar and amplifier just before reaching the age of majority. After reaching the age of majority, Fletcher does not take possession or make payments. With respect to the contract, most courts would hold that this is
A) disaffirmance.
B) emancipation.
C) ratification.
D) rescission.

Question

Fletcher signs a contract to buy a new electric guitar and amplifier just before reaching the age of majority. After reaching the age of majority, Fletcher does not take possession or make payments. With respect to the contract, most courts would hold that this is
A) ​disaffirmance.
B) ​emancipation.
C) ​ratification.
D) ​rescission.

Quizplus · Accepted Answer

Fletcher did not take possession or make payments after reaching the age of majority, indicating a clear intent to disaffirm the contract. Most courts would hold that this is an act of disaffirmance. Emancipation, ratification, and rescission are not applicable in this scenario.

Fletcher Signs a Contract to Buy a New Electric Guitar