A contract entered into by a minor is
A) void.
B) voidable.
C) binding.
D) illusory.

Question

Quizplus · Accepted Answer

A contract entered into by a minor is considered voidable. This means that the minor has the option to either enforce or void the contract, upon reaching the age of majority, or within a reasonable time thereafter. The minor can choose to void the contract even if they have already received benefits from it. However, the other party to the contract cannot void it.

A Contract Entered into by a Minor Is