Which of the Following Is True About a Minor's Right

question 58

Multiple Choice

Which of the following is true about a minor's right to disaffirm a contract?

• A)A minor must reach the age of majority to disaffirm a contract.
• B)Contracts that come under the necessaries of life can be disaffirmed by minors.
• C)Minors are exempt from duty of restoration during the period of minority.
• D)A minor can disaffirm a contract any time prior to reaching the age of majority.

Interpret balance of payments data and understand its implications for national economies.

Distinguish between different accounts in the balance of payments statement, such as the current account, capital account, and financial account.

Identify and explain the impact of international transactions on a nation's balance of payments.

Understand the role of official reserves in the international balance of payments.

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Definitions:

Hispanic Buying Patterns

Consumer behavior trends and preferences specific to the Hispanic demographic, which may influence marketing strategies.

Brand Loyal

The tendency of consumers to continuously purchase one brand's products over competing ones due to satisfaction, belief in the brand's superiority, or other factors.

Premium Quality

Products or services characterized by superior materials, craftsmanship, or performance that often justify a higher price.