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A Minor May Repudiate All Contracts Entered into by Her

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A minor may repudiate all contracts entered into by her with the exception of


Definitions:

Pre-Tax-And-Transfer Income

The measure of a household's income before taxes are deducted and before any government transfers, such as social security or unemployment benefits, are added.

Human Development Report

An annual report published by the United Nations Development Programme that measures countries' social and economic development levels.

Measure Of Inequality

An analytical tool used to quantify the degree of economic inequality within a population, such as the Gini coefficient.

Richest 10%

The segment of a population that holds the greatest wealth, typically measured as the top 10% in terms of income or assets.

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