Which of the Following Is True Regarding the Obligation of a Minor

question 1

Multiple Choice

Which of the following is true regarding the obligation of a minor on disaffirmance?

• A) In all states, a minor must return any consideration in his control but is entitled to a full refund of any purchase price regardless of the condition of the consideration when returned.
• B) In all states, a minor is entitled to a full refund without returning consideration.
• C) In all states, a minor must return any consideration in his control, must make restitution, and must pay for any loss in value of the collateral.
• D) In all states, a minor only receives a return of half the minor's investment.
• E) The obligations of a minor upon disaffirmance vary from state to state.

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Definitions:

Babbling Stage

Beginning at about 4 months, the stage of speech development in which the infant spontaneously utters various sounds at first unrelated to the household language.

Telegraphic Speech

Early speech stage in which a child speaks like a telegram—"go car"—using mostly nouns and verbs.

Grammatical Stage

A phase in child language development during which the understanding and use of grammatical structures improves.

Receptive Language

The ability to understand or comprehend language heard or read.