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bu Take Test Test Professor DCD website to swit Plagiarism Che Romaining Time: 1 hour, 59 minutes, 37 seconds paraan Question Completion Status Puth Words QUESTION 22 Edmund buys a three-year-old fitness watch from Joan for $300. Joan tells him the price seems fair, but she doesn't really know what it's worth, and she just wants to get rid of it. Edmund is happy with his purchase. Later, however, Edmund discovers the fitness watch isn't worth nearly that much. He wants to rescind the contract, daiming they made a mutual mistake about value, but Joan refuses Who should win in this case, and why? 1. Joan should win because being wrong about the value of an item does not affect the validity of a contract. 2. Maxwell should win because if one party makes a mistake as to value, this means there was never a meeting of the minds. 3. Maxwell should win because there was a mistake of fact at the time the contract was entered. 4. Joan should win because the price seemed fair at the time of the agreement. QUESTION 23 Billy Bob, who is 17 and lives in Texas, enters into a five year contract for a Hamsung S17 and unlimited data plan. Three months later, the Pine Apple PiePhone XV comes on the market and Billy Bob decides he needs that phone, especially since he scratched the screen on his Hamsung S17, so he drives over to his current provider, gives them his phone, and tells them he no longer wishes to be bound by their contract. Can he get away with that? 1 Minors can avoid contracts, but only if they entered the contract for a sincere purpose. Here it's apparent that Billy Bob is attempting to take advantage of the situation, so, no, Billy Bob wouldn't be allowed to do that. 2. Billy Bob could avoid the contract, but only if his parents agree to take over the contract. 3. A contract entered into by a minor is voidable at the option of that minor, so, yes, Billy Bob can do that. A contract entered into by a minor is voldable at the option of that minor, but only after the minor has reached the age of majority (18 years of age in Texas), so Billy Bob's not going to be able to do that right now. But he can do it when he turns 18. QUESTION 24 Chick Save and submit to me and mir. Click Save All Annet sove all annen