A Minor Generally May Disaffirm a Contract Before Reaching Majority

question 103

True/False

A minor generally may disaffirm a contract before reaching majority. The minor may also do so within a reasonable time after reaching majority, but if he or she fails to do so, the contract is ratified and binding.​

---

Definitions:

Inappropriate Decisions

Choices or judgments that are not suitable or proper in the context in which they are made, often leading to negative outcomes.

Participative Process

A decision-making approach that involves input and active participation from multiple stakeholders or team members.

Group Performance

The outcome or result of the combined efforts of a team or group working together towards a common goal.

Empowerment

The process of giving individuals or groups the authority, resources, and opportunity to make decisions and contribute to their own success and the success of their organization.