Justin is 17 years old,but looks several years older.He bought a motorcycle several months ago from Steve.Justin was able to convince Steve that he was over age 18,the age of majority in his state.In the time that he has owned it,he has been in one minor accident and the motorcycle has fallen over several times while parked.Justin,while still 17,notifies Steve that he is disaffirming the contract.What is true in this situation under today's law in most states?
A) Justin has no right to disaffirm, because by claiming to be an adult he will be treated as an adult.
B) Justin can disaffirm and must only return the motorcycle in its present condition to Steve and will then receive a refund of what he paid for the motorcycle.
C) Justin can disaffirm and must only return the motorcycle in its present condition to Steve and then be entitled to receive the fair market value (at the time of purchase) of the motorcycle from Steve.
D) Justin can disaffirm, but has an obligation to return Steve to the status quo.
E) Justin has no right to disaffirm unless he can establish that Steve had actual knowledge of his minority.

Question

Quizplus · Accepted Answer

Justin has an obligation to return Steve to the status quo, which means returning the motorcycle in its present condition and compensating Steve for any damages or loss of value that has occurred while Justin was in possession of the motorcycle.

Justin Is 17 Years Old,but Looks Several Years Older