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Floyd, a Minor, Misrepresents His Age When Entering into a Contract

Question 56

Multiple Choice

Floyd, a minor, misrepresents his age when entering into a contract to buy a car from Gas Hogs Inc. Floyd takes possession of the car, but makes no payments on the contract and tries to disaffirm it. Most likely, Gas Hogs can recover


A) an amount equal to the wholesale value of the car.
B) the car, but not any of the balance due on the contract.
C) the balance due on the contract.
D) nothing.

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