An Enforceable Contract Is Made by an Adult with a Minor

question 3

Multiple Choice

An enforceable contract is made by an adult with a minor. Which of the following is most likely to hold true in this case?

• A)The contract is enforceable against the adult but not against the minor.
• B)The contract is enforceable against the minor but not against the adult.
• C)The contract is not enforceable against either of the parties until the minor attains a majority.
• D)The contract is enforceable against the adult only if the minor ratifies the contract.

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Definitions:

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An indicator that shows the variation in demand for a product based on changes in the income levels of consumers.

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