Business, 07.04.2021 22:50 mubasharshafiq1583
Colby is 17 and signs a contract to buy a car. He turns 18 and immediately defaults on his car loan. Which of the following is true?
Colby is not obligated to pay the loan.
Colby is not obligated to pay the loan only if he is emancipated from his parents.
Colby is obligated to his contract and must pay the loan.
Colby is obligated to pay only if he affirmed the contract by making a payment after he turned 18.
Answers: 2
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Colby is 17 and signs a contract to buy a car. He turns 18 and immediately defaults on his car loan....
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