On Tim's eighteenth birthday,he decides that he no longer wants to keep a car he bought from Woody's Autos,Inc.,when he was seventeen.His right to disaffirm the deal will depend on
A)the car's condition when Tim bought it.
B)the car's current condition.
C)whether Tim acts within a reasonable period of time.
D)whether Woody's has the right to disaffirm.

Question

Quizplus · Accepted Answer

Tim's right to disaffirm the deal will depend on whether he acts within a reasonable period of time. As he is now eighteen, he has the legal capacity to disaffirm the contract he entered as a minor. However, the time limit for disaffirmation varies by state law and contract type. Therefore, it is crucial for Tim to act within a reasonable period after turning 18. The car's condition and Woody's Autos, Inc.'s right to disaffirm the contract are not relevant factors in Tim's right to disaffirm the contract.

On Tim's Eighteenth Birthday,he Decides That He No Longer Wants