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Question
Which of the following statements is true about minors as parties to a contract?
A. A contract into which a minor has entered is voidable at the election of the minor.
B. A minor can be legally bound to contractual promises involving necessaries of life such as shelter and medical care.
C. In a number of states, courts do not hold a minor who has misrepresented his or her age.
D. A minor can explicitly ratify a contract and forego disaffirmance even before reaching the age of majority.
E. Upon ratification, a minor gains the right to disaffirm.
Answer
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