Some states prescribe by statute a time period, usually one year, in which a person who reached the age of majority may still disaffirm contracts made while a minor.

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Quizplus · Accepted Answer

This is true. Some states do have statutes that allow minors a certain period of time, usually one year, after reaching the age of majority to disaffirm contracts they made as a minor. This is known as the "age of majority rule."

Some States Prescribe by Statute a Time Period, Usually One