A Contract Entered into by a Minor Is

question 78

Multiple Choice

A contract entered into by a minor is

• A) illegal.
• B) voidable.
• C) valid.
• D) unenforceable.

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Definitions:

Payoff

The gain or loss that an investor or a player in a game receives as a result of a particular action or decision.

Nash Equilibrium

A concept in game theory where no player can benefit by changing their strategy if the strategies of the other players remain unchanged.

Payoff

The return or reward from an investment or decision, often evaluated in terms of profit or benefit gained.

Nash Equilibrium

A concept in game theory where no player can benefit by changing strategies if other players keep their strategies unchanged.