What is the legal significance in most states when a minor misrepresents his or her age?

Multiple Choice

• That misrepresentation results in the minor receiving a return of only the monetary consideration (if any) he or she paid to the other contracting party.
• That the minor may disaffirm the contract, but the competent party has the right to sue the minor in tort and recover damages for fraud.
• That the minor must restore the competent party to that party's pre-contract position before obtaining the disaffirmance.
• That misrepresentation does not affect the minor's right to disaffirm the contract.
• That if a competent party relies on a misrepresentation in good faith, the minor gives up the right to disaffirm the agreement.