Which of the following is true of a contract made by a minor?
A) A minor is given the right to disaffirm his or her contract.
B) If a minor's contract involves title to real estate, the minor can disaffirm before reaching majority.
C) Adults who contract with minors are bound to the agreement unless the adult chooses to disaffirm.
D) A minor's capacity to contract is never presumed.

Question

Quizplus · Accepted Answer

The idea behind minors' incapacity is that a minor (a person who is not legally considered to be an adult) may not be able to bargain effectively with older, more experienced persons. The courts responded to this idea by making minors' contracts voidable-that is, the minor is given the right to disaffirm (cancel) his or her contracts.

Which of the Following Is True of a Contract Made