Why Are Minors Held Liable on a Quasi Contract Basis

question 40

Essay

Why are minors held liable on a quasi contract basis for the reasonable value of necessaries furnished to them?

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Definitions:

Employment Discrimination

Unfair treatment of employees or job applicants based on race, gender, age, religion, nationality, disability, or other protected characteristics.

Average Earnings

The amount of money an individual, sector, or nation makes on average over a specific period, typically calculated as total earnings divided by the number of earners.

Implicit Cost

The opportunity cost associated with a firm's use of resources that it already owns, representing the income the firm foregoes by using these resources in its current way instead of other ways.

Property Taxes

Taxes levied on property owned by individuals or businesses, calculated based on the property's value.