The Infancy Doctrine Allows Minors to ________ Contracts They Have

question 8

Short Answer

The infancy doctrine allows minors to ________ contracts they have entered into with adults.

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Definitions:

Payable Semiannually

This term indicates that a payment, often in the context of bond interest or dividends, is made twice a year.

Yield To Maturity

The total return anticipated on a bond if the bond is held until it matures, including both interest payments and capital gains.

Face Value

The nominal value stated on a financial instrument, such as a bond or stock certificate, representing the amount due at maturity.

Coupon

In finance, a coupon refers to the interest payment received by a bondholder from the bond issuer at specified intervals.