Which of the Following Characterizes the Traditional Rule Regarding a Minor

question 42

Multiple Choice

Which of the following characterizes the traditional rule regarding a minor who misrepresents his/her age?

• A)He/she can be prosecuted for such an offense.
• B)An adult can file a tort of deceit against such a minor.
• C)An adult can seek compensation for any losses caused by such a minor.
• D)A minor's right to disaffirm is valid in such a case.

---

Definitions:

Income

Income is the amount of money or its equivalent received during a period of time in exchange for labor, services, or investments.

Real Disposable Income

The income of individuals or the economy after adjusting for inflation, available for spending and saving after income taxes have been accounted for.

Net Exports

The value of a country's total exports minus its total imports; a positive value indicates a trade surplus while a negative value indicates a trade deficit.

Net Taxes

The total taxes paid by individuals or businesses after accounting for allowances, deductions, and credits.