A minor's failure to perform an executory contract within a reasonable time after reaching the age of majority implies disaffirmance.

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This statement is true. When a minor reaches the age of majority, they have the right to disaffirm any contracts they entered into as a minor. Failure to perform an executory contract within a reasonable time after reaching the age of majority can be seen as an indication of disaffirmance.

A Minor's Failure to Perform an Executory Contract Within a Reasonable