Which of the following would be a valid ratification? Two weeks after his eighteenth birthday,Jerry:
A) sells the motorcycle he contracted to buy when he was seventeen.
B) calls the bank to assure them that he will continue making payments on the loan agreement he signed a month before his eighteenth birthday.
C) makes a payment on the installment contract he signed a month before.
D) All of these.

Question

Quizplus · Accepted Answer

Ratification means accepting or confirming a previous agreement or contract. In this scenario, Jerry has reached the age of majority, which is 18, and he can now legally confirm and enforce agreements he entered into while still a minor. Selling the motorcycle he contracted to buy, calling the bank to assure them that he will continue making payments, and making a payment on the installment contract are all ways that Jerry can ratify the previous agreements he entered into as a minor. Therefore, all of these choices would be valid ratifications.

Which of the Following Would Be a Valid Ratification? Two