16-Year-Old Frank Bought a Video Game Console from John for $150.Frank

question 43

Multiple Choice

16-year-old Frank bought a video game console from John for $150.Frank is a minor, while John is a competent adult.A month later, the console started malfunctioning on its own.Frank returned the console to John.If Frank disaffirms his contract with John for buying the console, which of the following will be considered true?

• A)John is not bound by the contract any more as the exchange has been completed.
• B)Frank can reclaim full refund of the amount he paid.
• C)Frank can only ask for full refund once he has reached the age of majority.
• D)Frank is legally obligated to fix the console before returning it to John.

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Definitions:

Visuals

Graphic elements or images used in communication materials to support, illustrate, or convey messages.

Gantt Charts

A type of bar chart that illustrates a project schedule, showing the start and finish dates of the various elements of a project.

Bar Charts

A graphical representation of data using bars of different heights or lengths to compare values across categories.

Trend Line Charts

Graphical representations showing the general direction or trend of data over a period of time.