On victor's eighteenth birthday, he decides that he no longer wants to keep a fishing boat he bought from water craft, inc., when he was seventeen. his right to disaffirm the deal will depend on why victor no longer wants to keep the boat. whether victor acts within a reasonable period of time. why victor entered into the contract to buy the boat. whether water craft has the right to disaffirm.

Question

Annabel Mora

Business

1 August, 02:11

On victor's eighteenth birthday, he decides that he no longer wants to keep a fishing boat he bought from water craft, inc., when he was seventeen. his right to disaffirm the deal will depend on why victor no longer wants to keep the boat. whether victor acts within a reasonable period of time. why victor entered into the contract to buy the boat. whether water craft has the right to disaffirm.

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Answers (2)

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Nevaeh Clarke · Answer 1

whether victor acts within a reasonable period of time.

Faith Little · Answer 2

Whether Victor acts within a reasonable period of time

Explanation:

Reasonable period of time under a contract agreement is a specified time that either of the parties involved is expected to act concerning certain issues as agreed and allowed by the contracts terms.

It has to be reasonable in order to provide a set standard and minimize subjective and selfish decision. Every action or inaction must be carried out or defended with justified reasons.