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

question 6

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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Definitions:

Ethnic Background

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