Sally and Jeff Are Both Minors

question 3

Multiple Choice

Sally and Jeff are both minors.Sally buys Jeff's motorcycle for $1,000,its reasonable value.Jeff spends $700 of this money.Later,Sally wrecks the motorcycle and it is a total loss.Sally wants her money back.Which of the following best describes this situation?

• A)Because Sally and Jeff are both minors,the contract is valid and fully enforceable.
• B)If Sally voids the contract,she must give Jeff back the wrecked motorcycle and $1,000.
• C)If Sally voids the contract,she must give Jeff only the wrecked motorcycle.
• D)The court will determine the relative sophistication of Jeff and Sally,and the one with the lesser sophistication will be allowed to void the contract.
• E)If Sally voids the contract,Jeff must return to her the entire $1,000.

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