A Ratified Contract Can Be Disaffirmed Even After the Minor

question 50

True/False

A ratified contract can be disaffirmed even after the minor reaches the age of majority.

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Definitions:

Workers

Individuals engaged in any form of employment, contributing labor to produce goods or services.

Net Transfers

The balance of financial transactions from grants, remittances, or aid between entities or countries, excluding commercial transactions.

Financial Accounts

Records that track the financial activities and conditions of an individual, business, or organization, including assets, liabilities, and equity.

Positive Item

An item or aspect that contributes positively to a situation, often enhancing quality or effectiveness.