1. A minor presented the salesperson with a falsified driver's license (that indicated he was an adult) at the time that he bought the car. The salesperson was reasonable in believing that Minor was an adult. According to these facts:
All states would stop the minor from being able to disaffirm the contract
All states wold allow the minor to disaffirm the contract
Some states would permit the minor to disaffirm but others would prevent the minor from being able to disaffirm.
The adult has the ability to decide whether to disaffirm the contract.
2. Lucy is selling her bike for $200.00. Lynn gives Lucy $50.00 to keep the offer open for two days and not sell it to anyone else for that period of time. This is an example of which of the following?
An option contract.
promissory estoppel.
An implied contract.
A revoked offer.