Examlex
Which of the following statements is correct?
Guarantor
A person, organization, or entity that agrees to be responsible for another's debt or obligations if that individual fails to fulfill them.
Infant
A minor; a person under the legal age of majority.
Contract
A legal agreement among two or more parties that is binding and enforceable by the legal system.
Age of Majority
The legally defined age at which an individual is recognized as an adult and is capable of assuming responsibility for their actions in civil and criminal law.
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