In Most States,whether the Time Within Which a Minor Disaffirms

question 51

Multiple Choice

In most states,whether the time within which a minor disaffirms a contract constitutes a reasonable time is determined by:

• A) state statute.
• B) the UCC.
• C) the facts and circumstances of the case.
• D) common law,without regard to the unique facts of the case at hand.

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Definitions:

Working Poor

Individuals and families who have jobs but earn wages too low to rise above the poverty line, facing financial instability despite employment.

Middle Class

The middle class is a social and economic category of people who fall socio-economically between the working class and upper class, often characterized by moderate to high income levels, education, and professional jobs.

AARP

The American Association of Retired Persons, an organization focused on issues affecting those 50 and older.

Membership

generally refers to being a part of or belonging to a group, organization, or community, often with specific rights, duties, or benefits.