All Contracts Between Adults and Minors Are Void

question 40

True/False

All contracts between adults and minors are void.

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Definitions:

Sale of Goods Act

Legislation governing the sale of goods, prescribing the rights and duties of buyers and sellers.

Competition Bureau

A governmental agency responsible for enforcing laws to ensure fair competition, preventing monopolies, and promoting consumer interests.

Law Enforcement

The activity of ensuring compliance with the laws of a jurisdiction, typically conducted by police and other agencies.

Competition Act

A legal framework aiming to prevent anti-competitive practices in the marketplace, promote fair competition, and protect consumer interests.