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Dashboard X + X - C O B https://jainexams.jgianveshana.com/mcq_exam_new.aspx?Subject=21VMC35205-BUSINESS LAW - I e E 221VMCRO0177 JGi JAIN BALWINDER SINGH DANG SEMED TO BE UNIVERSITY Subject : 21VMC35205-BUSINESS LAW - I Exam Start Time : 30/11/2024 02:00 PM Duration : 200 Minutes Show Palette 38. Rail, who was sixteen years old, purchased an $800 computer from Elco Electronics. Rail and Elco are located in a state where the age of majority is eighteen. On several occasions, COMPLETE Rail returned the computer to Elco for repairs. Rail was very unhappy with the computer. Two days after reaching the age of eighteen, Rail was still frustrated with the computer's reliability, and returned it to Elco, demanding an $800 refund. Elco refused, claiming that Rail no longer had a right to disaffirm the contract. Is Elco's refusal correct or incorrect? O A. Correct, because Rail's multiple requests for service acted as a ratification of the contract. O B. Correct, because Rail could have transferred good title to a good-faith purchaser for value. O C. Incorrect, because Rail disaffirmed the contract within a reasonable period of time after reaching the age of eighteen. O D. Incorrect, because Rail could disaffirm the contract at any time. 14:26 Type here to search W X ENG US 30-11-2024