If a Minor Has Paid More Than He or She

question 21

Multiple Choice

If a minor has paid more than he or she should have been charged, then he or she can:

• A) seek for specific performance.
• B) not file a civil suit against the other party.
• C) recover punitive damages.
• D) recover the overcharged amount.

---

Definitions:

Sealed Auction

An auction format in which all bids are submitted simultaneously in sealed envelopes, and the highest bid wins without bidders knowing the bid amounts of others.

Oral Auction

In this auction type, bidders submit increasing bids until only one bidder remains. The item is awarded to the last remaining bidder.

Oral Auction

An auction conducted by an auctioneer who calls out prices of items for which participants physically present place bids verbally.

Expected Selling Price

The price at which a seller anticipates being able to sell a product or service.