A Contract Entered into by a Minor Is

question 12

Multiple Choice

A contract entered into by a minor is

• A) void.
• B) voidable.
• C) binding.
• D) illusory.

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Definitions:

Ethical Values

Principles that govern a person's or group's behavior regarding what is good, right, and fair.

Federal Taxes

Levies imposed by a national government on income, property, sales, and other activities and assets.

Government Regulations

Laws and rules established by government bodies to control or govern behavior, activities, and business practices.

Trained Managers

Individuals who have undergone formal education and/or training in management, equipping them with the skills necessary for effective leadership and organizational administration.