Asked by Subash Dahal on Jun 30, 2024
Verified
A disaffirmance must come either during a minor's minority or within a reasonable time after he reaches majority.
Disaffirmance
The legal right of a minor to void contracts or agreements entered into, under specific conditions.
- Acquire knowledge on the ability of minors to cancel contracts and recognize the precise circumstances in which cancellation is valid.
Verified Answer
ZK
Zybrea KnightJul 05, 2024
Final Answer :
True
Explanation :
A minor has the right to disaffirm (cancel) a contract either while still a minor or within a reasonable time after reaching the age of majority, to protect minors from their lack of experience and from being bound by contracts they may not fully understand.
Learning Objectives
- Acquire knowledge on the ability of minors to cancel contracts and recognize the precise circumstances in which cancellation is valid.