Which of the following occurs when a person reaches the age of majority and states, either orally or in writing, that he or she intends to be bound by the contract entered into as a minor?
A) Implied ratification
B) Express ratification
C) Express novation
D) Implied novation
E) Express ratification if the statement is in writing but nothing if the statement is only oral

Question

Quizplus · Accepted Answer

Express ratification occurs when a person, upon reaching the age of majority, explicitly states (either orally or in writing) their intention to be bound by a contract they entered into as a minor. This declaration can be made in any form of clear communication.

Which of the Following Occurs When a Person Reaches the Age