The Maximum Amount of Time That a Minor Has to Disaffirm

question 42

Multiple Choice

The maximum amount of time that a minor has to disaffirm a contract is:

• A) one year from the date of the agreement.
• B) 30 days from learning of his or her right to disaffirm.
• C) the age of majority.
• D) a reasonable period of time after reaching the age of majority.

---

Definitions:

Competitive Sales Position

The strategic standing of a product or service in the marketplace as compared to its competitors, often determined by factors like price, quality, and brand loyalty.

Workload Method

A formula-based method for determining the size of a salesforce that integrates the number of customers served, call frequency, call length, and available selling time to arrive at a figure for the salesforce size.

Formula-Based Method

A systematic approach to problem-solving or decision-making that uses a specific mathematical formula to determine outcomes.

Salesforce Size

The number of individuals in a company's sales team, which can impact the firm's ability to reach potential customers and achieve sales targets.