An executory contract between a minor and an adult is
A)absolute.
B)voidable by the adult.
C)voidable by the minor only.
D)a void agreement.

Question

An executory contract between a minor and an adult is​
A)absolute.
B)voidable by the adult.
C)voidable by the minor only.
D)a void agreement.

Quizplus · Accepted Answer

Executory contracts between a minor and an adult are generally considered voidable at the option of the minor. This means the minor can choose to either affirm or void the contract upon reaching the age of majority or at any point while still a minor. Adults, on the other hand, do not have this option and are bound by the contract unless it is voided by the minor.

An Executory Contract Between a Minor and an Adult Is​

An Executory Contract Between a Minor and an Adult Is