In Terms of the Infancy Doctrine,which of the Following Is

question 36

Multiple Choice

In terms of the infancy doctrine,which of the following is true?

• A)A minor must honor a contract he or she entered into with an adult if the minor had sufficient mental capacity when the contract was formed.
• B)A minor can disaffirm a contract he or she entered into with an adult.
• C)A minor cannot enter into a legal contract with another minor.
• D)A minor cannot elect to enforce a contract he or she has entered into with an adult.

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Definitions:

Dairy Farmers

Individuals or businesses involved in the production of milk and possibly other dairy products from animals such as cows or goats.

Milk Production

The process of producing milk, mainly from dairy cows, for human consumption.

Price Elasticity

Quantifying the relationship between price changes and demand response for a product.

Total Expenditures

The sum amount of spending on goods and services by individuals, businesses, or the government within a specific period.