Which of the following would affect the status of a contract entered into by a minor upon that individual attaining the age of majority?
A) The contract is ratified after attaining legal capacity.
B) The contract involves enforceability by some statute.
C) The contract involves a non-continuing interest.
D) The contract is of a permanent or continuous nature.

Question

Quizplus · Accepted Answer

Upon reaching the age of majority, a minor can choose to ratify a contract, which means they accept and confirm the contract, making it binding.

Which of the Following Would Affect the Status of a Contract