Which of the Following Is True for a Contract Made

question 18

Multiple Choice

Which of the following is true for a contract made by a minor?

• A)It is voidable.
• B)It cannot be disaffirmed during minority.
• C)It is barred from ratification.
• D)A minor's capacity to contract is never presumed.

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Definitions:

Confidence Interval

A range of values, derived from sample statistics, that is believed to contain the true value of an unknown population parameter with a certain degree of confidence.

Standard Deviation

A statistic that measures the dispersion or spread of a set of data points relative to its mean.

Point Estimate

A single value (or point) estimate derived from sample data to approximate a population parameter.

Confidence Interval

A range of number sets, derived from statistical analyses of samples, assumed to hold the invisible value of a population characteristic.