A Minor's Contract Is Voidable at the Election of the Minor

question 46

True/False

A minor's contract is voidable at the election of the minor.

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Definitions:

Unidirectional Correlation

A correlation where an increase in one variable is associated with an increase in another or a decrease in one is associated with a decrease in the other, without implying causation.

Negative Correlation

An association between two variables characterized by the increase of one and the decrease of the other.

Nondirectional Correlation

A type of correlation that indicates a statistical relationship between two variables without specifying whether the relationship is positive or negative.

Negative Correlation

A connection between two variables where as one variable rises, the other falls.