A Contract Entered into by a Minor Is Voidable at the Option

question 5

True/False

A contract entered into by a minor is voidable at the option of either of the contracting parties.

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Definitions:

Social Cognition

Refers to the processes involved in understanding the social world, which includes the interpretation, analysis, and use of social information.

Self And Others

A conceptual framework in psychology that explores the relationship between one's sense of self and their understanding or perception of others.

Development

The systematic and progressive changes in physical, emotional, cognitive, and social aspects of individuals or societies over time.

Understanding

The ability to comprehend or grasp the nature, significance, or explanation of something.