Under the laws of most states today,when a minor enters into a contract with an adult,what effect is there on the situation if the minor has falsely misrepresented that the minor is an adult?
A) The minor loses all right to disaffirm the contract.
B) The minor's right to disaffirm will end immediately upon the minor reaching the age of majority.
C) The minor will be obligated to pay the fair market value for items purchased.
D) The minor must place the adult in status quo.
E) The minor owes nothing and is not required to return the goods because a minor is not held responsible for misrepresentations.

Question

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The Answer of Under the laws of most states today,when a minor enters into a contract with an adult,what effect is there on the situation if the minor has falsely misrepresented that the minor is an adult?
A) The minor loses all right to disaffirm the contract.
B) The minor's right to disaffirm will end immediately upon the minor reaching the age of majority.
C) The minor will be obligated to pay the fair market value for items purchased.
D) The minor must place the adult in status quo.
E) The minor owes nothing and is not required to return the goods because a minor is not held responsible for misrepresentations.

Under the Laws of Most States Today,when a Minor Enters