Asked by Jenna Raney on Jul 13, 2024
Verified
Les, a minor, enters into a contract to buy a dirt bike from Motocross LLC. Les can ordinarily disaffirm the contract
A) in a timely manner.
B) at any time during minority.
C) for a reasonable time after coming of age.
D) all of the choices.
Minor
A person who is under the legal age of adulthood, typically considered to be under 18 years old in many jurisdictions.
Timely Manner
Refers to completing tasks or responsibilities within an expected or agreed-upon timeframe.
- Determine the rights and obligations of parties in agreements involving minors, particularly the right to reject.
Verified Answer
HA
Hussein Al Hajj SleimanJul 16, 2024
Final Answer :
D
Explanation :
Minors have the legal right to disaffirm contracts to protect them from exploitation and ensure they are not bound by agreements made without the capacity to fully understand their implications. This can be done in a timely manner, at any time during their minority, and for a reasonable time after reaching the age of majority.
Learning Objectives
- Determine the rights and obligations of parties in agreements involving minors, particularly the right to reject.