Under the Laws of Most States Today,when a Minor Enters

question 106

Multiple Choice

Under the laws of most states today,when a minor enters into a contract with an adult,what effect is there on the situation if the minor has falsely misrepresented that the minor is an adult?

• A) The minor loses all right to disaffirm the contract.
• B) The minor's right to disaffirm will end immediately upon the minor reaching the age of majority.
• C) The minor will be obligated to pay the fair market value for items purchased.
• D) The minor must place the adult in status quo.
• E) The minor owes nothing and is not required to return the goods because a minor is not held responsible for misrepresentations.

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