Question

Jennifer has offered to sell her computer for $1750 to Jack. She tells Jack that the computer is only six months old but, in fact, the computer is three years old, and Jennifer wants to unload the lemon. Jack agrees to buy the computer based on Jennifer's representations. This contract is:

Answer 1

This question is lacking options. Here are the options

a. a void agreement because of the fraud involved.

b. a voidable contract, one that Jack can void.

c. a voidable contract, one that Jennifer can void.

d. a void contract because of the UCC.

An the answer is b. a voidable contract, one that Jack can void.

Step-by-step explanation:

A contract is an agreement, whether verbal or written that is legally binding between two people.

A voidable contract is a an agreement between two parties that can be rendered unenforceable as a result of one of the following reasons.

Failure by one or both parties to disclose a material fact , a mistake,, misrepresentation or fraud , undue influence or duress , one party's legal incapacity to enter a contract etc.

In the case of Jenifer and Jack, the contract is voidable because Jack had been lied to by Jenifer, and Jack didn't know that the computer was a lemon.

Hence the answer is B. a voidable contract, one that Jack can void.