In Some States,minors Are Liable for Contracts Involving Bank Accounts

question 13

True/False

In some states,minors are liable for contracts involving bank accounts and student loans and cannot avoid these contracts even though they can avoid other types of contracts.

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Definitions:

Depressed People

Individuals experiencing a common mental health disorder that is characterized by persistent sadness, loss of interest in activities, and a lack of energy.

Mature Behavior

Exhibiting actions and reactions that are considered appropriate for one's age and experience, often characterized by self-control and consideration for others.

Schools

Educational institutions at which instruction is given in a variety of subjects.

Parents

Individuals who have conceived or adopted a child, playing significant roles in the child's biological, emotional, and social development.