Asked by
Shaina Arora
on Nov 27, 2024Verified
Dari, a minor, wants to disaffirm a contract that she entered into with Echo, a cell service company. The law in Dari's state, as in all states, permits minors to disaffirm
A) fully executed contracts only.
B) executory contracts only.
C) executory and fully executed contracts.
D) none of the choices.
Disaffirm A Contract
The legal right of a party to renounce or reject a contract, which can be particularly relevant when one of the parties is a minor or otherwise lacks the capacity to contract.
Executory Contracts
Contracts under which both parties to the agreement have unfulfilled obligations that remain to be done.
- Acknowledge the rights and responsibilities of participants in contracts that involve minors, including the option to rescind.
Verified Answer
JY
Learning Objectives
- Acknowledge the rights and responsibilities of participants in contracts that involve minors, including the option to rescind.