A contract signed by a minor raises a universal defense against any kind of holder.

Name: A contract signed by a minor raises a universal defense against any kind of holder.
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Question

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A contract signed by a minor is considered voidable, and the minor has the right to disaffirm the contract. Therefore, the defense of minority can be raised against any kind of holder, including a holder in due course.

A Contract Signed by a Minor Raises a Universal Defense