Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The reason that some states will not permit a minor who has misrepresented his/her age to disaffirm an executed contract unless he/she returns the consideration

The reason that some states will not permit a minor who has misrepresented his/her age to disaffirm an executed contract unless he/she returns the consideration received is that

a. none of the above.

b. minors must understand that minority status does not entitle one to take advantage of adults who willingly contract with minors.

c. minors must be made aware of the obligations that arise in all contracts.

d. the combination of misrepresentation and unjust enrichment should prevent minors from asserting contractual incapacity.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Smith and Roberson Business Law

Authors: Richard A. Mann, Barry S. Roberts

15th Edition

1285141903, 1285141903, 9781285141909, 978-0538473637

More Books

Students also viewed these Law questions