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

question 3

Multiple Choice

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

• A)The obligations of a minor upon disaffirmance vary from state to state.
• 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 but is entitled to a full refund of any purchase price regardless of the condition of the consideration when returned.
• D)In all states,a minor only receives a return of half the minor's investment.
• E)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.

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Definitions:

Physical Activity

Any bodily movement produced by skeletal muscles that requires energy expenditure, including activities undertaken while working, playing, carrying out household chores, traveling, and engaging in recreational pursuits.

Motivational Counseling

A client-centered counseling approach that aims to enhance an individual's motivation to change by exploring and resolving ambivalence.

Level 4

A classification or stage that typically indicates an advanced degree of complexity, skill, or understanding in a particular hierarchy.

Moderate-To-Vigorous

Describes physical activity or exercises that range from a moderate to high intensity, requiring more effort than light activities.