When a contract involves the purchase of items by a minor,what is the effect of these items being considered a necessary of life?
A) The minor's right to disaffirm will end immediately upon reaching majority.
B) The minor will be obligated to perform the terms of the contract.
C) The minor will be obligated to pay for the items, but will only be obligated to pay the fair value.
D) The minor will owe the duty of restoration upon disaffirmance.
E) The minor must pay full price for the items.

Question

Quizplus · Accepted Answer

When a contract involves the purchase of necessary items of life (such as food, clothing, medicine etc.) by a minor, the minor will be obligated to pay for the items, but will only be obligated to pay the fair value. The minor may still have the right to disaffirm the contract upon reaching majority, but they would be responsible for paying the fair value for the items received.

When a Contract Involves the Purchase of Items by a Minor,what