A Minor Cannot Avoid a Contract to Purchase a Car

question 22

Multiple Choice

A minor cannot avoid a contract to purchase a car if the:

• A) car has been destroyed.
• B) car has been damaged.
• C) car is used for non-commercial purposes.
• D) minor is able to return the car but does not do so.

---

Definitions:

Price Discrimination

A pricing strategy where identical or substantially similar goods or services are sold at different prices by the same provider in different markets.

Third-degree Price Discrimination

A pricing strategy where a firm charges different prices to different groups of consumers for the same product, based on their willingness to pay.

Tennis Lessons

Instruction or training sessions focused on improving a person's skills and understanding of the game of tennis, offered by professionals or experienced players.

Producer Surplus

The discrepancy between the amount sellers are prepared to take for a product or service and the actual payment they get.