Once a minor reaches the legal age of majority, if he or she disagrees with the terms of a contract and thereafter expresses his or her unwillingness to be bound by the contract within a reasonable time, then the contract is said to be:
A) stamped.
B) attested.
C) disaffirmed.
D) approved.
Correct Answer:
Verified
Q34: As per the _, a person attains
Q35: Most contracts made by persons who have
Q36: The status of a contract between a
Q37: Once a minor reaches the age of
Q38: Disaffirming a contract would amount to:
A) ratifying
Q40: In some states the minor may avoid
Q41: Being unable to make binding contracts due
Q42: Explain and elaborate on the following statement:
Q43: A minor can be held liable if
Q44: Describe competent parties, and how they relate
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