Multiple Choice
Which of the following statements is true about minors as parties to a contract?
A) A contract into which a minor has entered is voidable at the election of the minor.
B) A minor can be legally bound to contractual promises involving necessaries of life such as shelter and medical care.
C) In a number of states, courts do not hold a minor who has misrepresented his or her age.
D) A minor can explicitly ratify a contract and forego disaffirmance even before reaching the age of majority.
E) Upon ratification, a minor gains the right to disaffirm.
Correct Answer:

Verified
Correct Answer:
Verified
Q23: When there is a mutual mistake as
Q24: In contracts that are not between merchants
Q25: A written promise is necessary for the
Q26: An executed contract is one in which
Q27: Adhesion contracts are those that are drafted
Q29: Brandie is facing financial difficulties.Warren wants to
Q30: Mark enters into an oral contract to
Q31: List the five elements required to form
Q32: Explain the doctrine of promissory estoppel.
Q33: Discuss how undue influence creates voidable contracts.