Jack,a minor,takes out an automobile insurance policy and pays a $1,000 pre?mi?um.If Jack disaffirms the contract,he can most likely recover
A)$500.
B)$1,000.
C)$1,500.
D)nothing.

Question

Quizplus · Accepted Answer

Minors generally have the right to disaffirm contracts and recover any consideration they have paid, so Jack can likely recover the full $1,000 premium.

Jack,a Minor,takes Out an Automobile Insurance Policy and Pays a $1,000