Which of the following is true in regard to how Chinese law treats contracts entered into by minors?
A) Because parents are considered responsible for their children's actions, parents are held responsible for any contracts entered into by their minor children.
B) Minors are held responsible only for contracts involving necessities.
C) Minors are not held responsible for any contracts, and contracting with a minor is illegal subjecting the adult contracting party to prison time.
D) Children between ten and eighteen are deemed competent for entering into certain contracts appropriate to each child's mental state.
E) Children are held responsible only for contracts involving educational expenses.
Correct Answer:
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