Asked by Kaitlyn Guevara on Apr 27, 2024
Verified
The right of minors to avoid a contract as a means of protecting themselves against their own improvidence and against overreaching adults is called:
A) emancipation.
B) ratification.
C) adjudication.
D) disaffirmance.
Disaffirmance
The legal right of a party to reject or void a contract or agreement, often due to factors like minority status or duress.
Improvidence
Lack of foresight or care in managing finances, often leading to unnecessary expenditure or loss.
- Familiarize oneself with the concept of disaffirmance, including the exact conditions that enable a contract to be rescinded.
Verified Answer
EK
Emily KonoldApr 28, 2024
Final Answer :
D
Explanation :
Minors have the right to avoid contracts as a means of protection against their own improvidence and against overreaching by adults.The exercise of this right to avoid a contract is called disaffirmance.
Learning Objectives
- Familiarize oneself with the concept of disaffirmance, including the exact conditions that enable a contract to be rescinded.
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