subject
Business, 06.05.2020 04:33 kimloveswim

For his 17th birthday, Asher bought himself a used car from a car dealer for $10,000. The dealer purchased it for $6,000, repaired it, and then sold it to Asher. Eighteen months later, Asher has almost finished paying off the car when he totals it by accidentally driving it into his neighbor's swimming pool. Asher's mother is a lawyer and tells him to rescind the contract. Will Asher be able to recover any money from the dealer?

a. yes, because he was a minor when he entered into the contract.
b. no, because he is no longer a minor.
c. no, because he ratified the contract.
d. yes, but the amount he receives back will depend if his state follows the status quo rule.

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 16:30, asmith219771
How is the architecture career pathway different from the construction pathway? a. architecture involves coordinating with contractors to make sure everyone stays on schedule. b. architecture involves using tools and equipment to build something new. c. architecture involves the design process, considering the function and safety of the project. d. architecture involves evaluating the work of contractors and employees.
Answers: 1
image
Business, 22.06.2019 19:10, jaylene125
Robin hood has hired you as his new strategic consultant to him successfully transform his social change enterprise. robin has told you that he counting on your strategic management knowledge to him and his merrymen achieve their goals. discuss in detail what you think should be robin’s two primary strategic goals and continue by also explaining your analytical reasons that support your recommendations.
Answers: 3
image
Business, 22.06.2019 21:30, anthonybowie99
What term is used to describe the outsourcing of logistics? a. shipper managed inventoryb. hollow logistics(smi)c. sub-logisticsd. e-logisticse. third-party logistics (3pl)
Answers: 1
image
Business, 23.06.2019 00:40, maddie1776
Assume the total cost of a college education will be $250,000 when your child enters college in 17 years. you presently have $69,000 to invest. what annual rate of interest must you earn on your investment to cover the cost of your child’s college education? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)
Answers: 2
You know the right answer?
For his 17th birthday, Asher bought himself a used car from a car dealer for $10,000. The dealer pur...

Questions in other subjects:

Konu
Mathematics, 30.06.2021 19:20
Konu
Mathematics, 30.06.2021 19:20
Konu
Mathematics, 30.06.2021 19:20