Under Which of the Following Circumstances Can Minors Disaffirm a Contract

question 2

Multiple Choice

Under which of the following circumstances can minors disaffirm a contract?

• A)The minor has not ratified the contract upon reaching majority.
• B)The contract is for real estate.
• C)The minor has given a false statement about his/her age.
• D)The minor is required to place the adult in status quo.

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Definitions:

Contractual Relationship

A legal binding between two or more parties, enforceable by law, involving mutual obligations.

Conversion

Conversion involves changing something from one form or use to another, such as converting a residential building into a commercial space or changing currencies.

Trespass To Personal Property

The unlawful taking or harming of another’s personal property; interference with another’s right to the exclusive possession of his or her personal property.

Textbook

A book containing detailed information on a particular subject, typically used as a study aid in educational institutions.