As a General Rule,most States Will Not Allow a Minor

question 20

Multiple Choice

As a general rule,most states will not allow a minor to disaffirm contracts for which of the following?

• A) Life insurance, health insurance, and psychological counseling
• B) Health insurance and psychological counseling, but not life insurance
• C) Psychological counseling, but not health insurance or life insurance
• D) Health insurance, but not life insurance or psychological counseling
• E) Education loan contracts and psychological counseling, but not life insurance or health insurance

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Definitions:

Equity Theory

A theory in social psychology that explains how individuals perceive fairness in the distribution of resources within their interpersonal relationships.

Motivation

The psychological process that arouses and directs goal-oriented behavior.

Perceived Inequity

A feeling or perception that one's inputs or contributions are not being rewarded or recognized fairly relative to others.

Theory X

Theory X is a management concept that assumes employees are inherently lazy and will avoid work if possible, suggesting the need for strict oversight and control.