A Minor Has a Reasonable Time, After the Minor Reaches

question 38

True/False

A minor has a reasonable time, after the minor reaches the age of majority, to disaffirm a contract.​

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Definitions:

Injuries

Physical harm or damage to a person's body.

Life Insurance Proceeds

The money paid out by a life insurance company to the beneficiary upon the insured's death.

Taxable

Describes income, goods, or transactions subject to taxation, according to government laws and regulations.

Transactions

Transactions are actions carried out between two or more parties that involve the exchange of goods, services, or financial assets.