Asked by
Jonathan Martínez Rosales
on Nov 29, 2024Verified
Cheryl, age 16, ordered a new dress to wear to the school prom. She has contracted to pay $500 when the dress arrives. Before the dress arrives, Cheryl decides that the dress is too expensive, and she now wishes to cancel the order. Cheryl:
A) must pay $500 for the dress because the dress was specially ordered for her.
B) must pay $500 for the dress because clothing is classified as a necessary.
C) may disaffirm this executory contract because, while clothing in general is classified as a necessary, a new prom formal would probably not be classified as a necessary.
D) must accept the dress and pay the reasonable value of the dress.
Executory Contract
An executory contract is a contract in which not all obligations have been fulfilled by one or more parties.
Necessary
Refers to something required or indispensable for a particular purpose or need.
- Understand the conditions under which a minor may disaffirm a contract.
Verified Answer
KR
Learning Objectives
- Understand the conditions under which a minor may disaffirm a contract.
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