Which of the Following Is True for a Minor Under

question 72

Multiple Choice

Which of the following is true for a minor under the infancy doctrine?

• A)A minor is bound to the adult's decisions in a contract between them.
• B)A minor can disaffirm contracts he or she has entered into with adults.
• C)A minor cannot enter into a legal contract with another minor.
• D)A minor cannot choose to enforce a contract at his or her whim.

Determine the overall net operating income at the break-even point.

Understand the differences between variable and fixed costs in cost accounting.

Develop skills in contributing format income statement preparation.

Apply cost accounting concepts to make informed financial decisions.