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

question 34

Multiple Choice

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 is 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.

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Definitions:

Push Approach

A business strategy in which a company attempts to take (push) its products to consumers, often even if the consumers are not actively seeking those products.

Brand Awareness

The degree to which customers recognize and understand the unique attributes or reputation of a specific brand's products or services.

Price-Oriented Promotions

Marketing strategies focused on attracting customers primarily through lower prices or discounts.

Brand Loyalty

The tendency of consumers to continuously purchase one brand's products over competing ones, often influenced by positive experiences and perceptions.