What Is the Legal Significance in Most States When a Minor

question 71

Multiple Choice

What is the legal significance in most states when a minor misrepresents his or her age?

• A)That if a competent party relies on a misrepresentation in good faith,the minor gives up the right to disaffirm the agreement.
• B)That the minor must restore the competent party to that party's pre-contract position before obtaining the disaffirmance.
• C)That the minor may disaffirm the contract,but the competent party has the right to sue the minor in tort and recover damages for fraud.
• D)That misrepresentation does not affect the minor's right to disaffirm the contract.
• E)That misrepresentation results in the minor receiving a return of only the monetary consideration (if any)he or she paid to the other contracting party.

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Definitions:

Null Hypothesis

A hypothesis that assumes there is no significant difference or effect, serving as a default position in statistical hypothesis testing.

One-way ANOVA

A statistical test used to compare the means of three or more independent groups to see if there is a statistically significant difference among them.

Money Spent

The total amount of money expended on a particular purchase, project, or activity.

Specific Hypothesis

A precise, testable statement predicting the relationship between at least two variables in a research study.