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Question
Chuck Olson, aged 17, bought a used car from Bobby Duncan on September 15, 2006, agreeing to pay Duncan $200 a month for 12 months. On October 6, 2006, Olson was involved in an accident that damaged the car. On October 7, 2006, Olson told Duncan he wanted to disaffirm the contract for the purchase of the car. Olson attained the age of majority on October 8, 2006. If Duncan sues Olson, in most states he will:
A. win, because Olson did not disaffirm until after reaching the age of majority.
B. win, because Olson was unable to return the car.
C. lose, even though Olson cannot return the car.
D. lose, because Olson did not ratify the contract on the day he attained majority.
Answer
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