A Minor Cannot Avoid a Contract That Has Been

question 14

Multiple Choice

A minor cannot avoid a contract that has been:

• A) ratified.
• B) signed.
• C) processed.
• D) disallowed by the court.

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Definitions:

Central Issues

Fundamental problems or primary topics of concern within a certain context.

Obtaining Investment

The process of securing funds from investors or financial institutions to start or grow a business.

Mezzanine Financing

A blend of equity and debt financing that gives the lender the right to convert to an equity interest in the company in case of default, typically used in the expansion of established companies.

Least Likely

The option or outcome with the lowest probability of occurring in a given set of circumstances.