When a business is concerned about selling to minors because of their right to disaffirm contracts,the business might protect itself by:
A) getting the minor to sign an agreement not to disaffirm.
B) requiring an adult co-signer.
C) requiring a court-appointed guardian to be named.
D) using a layaway system until the minor turns 18.

Question

Quizplus · Accepted Answer

Requiring an adult co-signer is the best option to protect the business from the right of the minor to disaffirm contracts. This is because the co-signer is legally responsible for the contract if the minor cannot fulfill their obligations, which reduces the risk for the business. Option A is not effective because a minor's agreement not to disaffirm is not legally binding. Option C is not practical because a court-appointed guardian may not be easily obtained. Option D is not effective because a layaway system does not prevent the minor from disaffirming the contract once they reach the age of majority.

When a Business Is Concerned About Selling to Minors Because