As a general rule, most states will not allow a minor to disaffirm contracts for which of the following items?
A) Life insurance, health insurance, and psychological counseling
B) Health insurance and psychological counseling, but not life insurance
C) Psychological counseling, but not health insurance or life insurance
D) Health insurance, but not life insurance or psychological counseling
E) Education loan contracts and psychological counseling, but not life insurance or health insurance

Question

Quizplus · Accepted Answer

Contracts for necessities, such as life insurance, health insurance, and psychological counseling, are generally exceptions to the rule allowing minors to disaffirm contracts. These are considered essential for the minor's well-being and therefore enforceable.

As a General Rule, Most States Will Not Allow a Minor