Discussing about the minors in contract

Reference no: EM1326128

A minor, unable to live at home, contracts to rent an apartment for one year at $600 per month. After living there for three months, he disaffirms the contract. The reasonable value of that apartment was only $500 per month.

Assuming no rent has been paid, the minor must pay:

a) Nothing; the contract has been disaffirmed.
b) $1,800; the contract rate for three months.
c) $1,500; the reasonable value for three months.
d) $7,200; the contract rate for one year.
e) $6,000; the reasonable rate for one year

Reference no: EM1326128

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