Which of the Following Statements Is True About Minors as Parties

question 28

Multiple Choice

Which of the following statements is true about minors as parties to a contract?

• A) A contract into which a minor has entered is voidable at the election of the minor.
• B) A minor can be legally bound to contractual promises involving necessaries of life such as shelter and medical care.
• C) In a number of states, courts do not hold a minor who has misrepresented his or her age.
• D) A minor can explicitly ratify a contract and forego disaffirmance even before reaching the age of majority.
• E) Upon ratification, a minor gains the right to disaffirm.

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Definitions:

Identity Vs. Guilt

A stage in Erik Erikson's theory of psychosocial development where children age 3-6 years grapple with maintaining their sense of personal control and initiative vs. feelings of guilt for their actions.

Initiative Vs. Guilt

This term refers to one of Erik Erikson's stages of psychosocial development, in which children aged approximately 3 to 5 years learn to initiate activities and interact with others or experience guilt for their efforts and actions.

Schemata

Cognitive structures or frameworks that help individuals organize and interpret information, based on their accumulated knowledge and experiences.

Prototypes

Original models or first forms of a product or design that serve as examples or standards for later stages or versions.