As a general rule,most states will not allow a minor to disaffirm contracts for which of the following?
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

Primarily for public policy reasons, in most states, courts or state legislatures have determined that the minor should not have the right to disaffirm contracts for life insurance, health insurance, psychological counseling, the performance of duties related to stock and bond transfers and bank accounts, education loan contracts, child support contracts, marriage contracts, and enlistment in the armed services.

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