Question

Janet, age 15, has to make it on her own. To protect herself from the winter winds, Janet buys a coat on credit for $200 from the Lifestyle Clothing Store. The coat's reasonable value is $80. Before making any payments on the coat, Janet tells the store that she wants to disaffirm, i.e., she wants her money back in exchange for the coat. Can Janet disaffirm? If not, what must she pay?

Answer

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