Marty,a 16-year-old,contracts with Cream-of-the-Crop Cycles to buy an $8,000 motorcycle.Marty agrees to make monthly payments until the purchase price plus interest are paid in full.
-Which of the following is correct?
A)The contract is voidable by Marty.
B)The contract is void as soon as it is made.
C)The contract is voidable by Cream-of-the-Crop Cycles.
D)The contract is voidable by either Marty or Cream-of-the-Crop Cycles.

Question

Quizplus · Accepted Answer

A contract with a minor is generally voidable at the minor's discretion, meaning Marty can choose to void the contract.

Marty,a 16-Year-Old,contracts with Cream-Of-The-Crop Cycles to Buy an $8,000 Motorcycle