Multiple Choice
Which of the following is an incorrect statement regarding contracts for necessaries entered into by minors?
A) A minor cannot disaffirm contracts for necessaries.
B) A minor can disaffirm a contract for necessaries,but the minor will still be held liable for the reasonable value of the necessary.
C) A contract for a necessary is a contract that supplies the minor with the basic necessities of life.
D) The purpose of the limitation on the minor's right to disaffirm contracts for necessaries is to ensure that minors are able to obtain the basic necessities of life when their parents will not provide them.
E) Whether something is considered a necessary is related to whether the minor's parents are willing to provide the item in question for the minor.
Correct Answer:
Verified
Correct Answer:
Verified
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