Generally, a Minor Is Liable Under Contract Law for Purchases

question 42

Multiple Choice

Generally, a minor is liable under contract law for purchases of necessaries (e.g., food, clothing, shelter, and medical care) . However,​

• A)the necessary that is bought must truly be needed and must not be something that is provided by, or is readily available from, the parent or guardian.
• B)the price charged must be reduced to the seller's out-of-pocket costs, plus no more than 10% of gross profit on the item.
• C)the goods must be guaranteed to last at least until the minor becomes an adult.
• D)none of the above

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