Question: 1. Generally, contracts entered with a minor are voidable. However there are certain statutorily carved exceptions to the right to disaffirm. Which of the following

1.Generally, contracts entered with a minor are voidable. However there are certain statutorily carved exceptions to the right to disaffirm. Which of the following is not an exception?

A.Transaction of medical insurance contract.

B.Transaction of buying a car.

C.Transaction of educational loan.

D.Transaction of marriage.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Law Questions!

Q:

Joseph Dodson, age 16, bought a 1984 Chevrolet truck from Burns and Mary Shrader, owners of Shraders Auto Sales, for $4,900 cash. At the time, Burns Shrader, believing Dodson to be 18 or 19, did not...

Q:

Chapter 10 from Business Law and the Legal Environment was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 license without attribution as requested...

Q:

Administrative Law 5 A dministrative law governs and defines the powers of government agencies. A number of political and technological factors have led to an explosion in the growth of government...

Q:

Chapter 6 from The Legal and Ethical Environment of Business was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 license without attribution as...

Q:

BUSL250 INSOLVENCY RESTRUCTURING 1 Insolvency s95A : defines solvency - and a person that is not solvent will be insolvent Insolvent: when a company (person) is unable to pay its debts and as and...

Q:

Question 26 In contract law, _____________________ is the act of accepting and giving legal force to an obligation that previously was not enforceable. ratification dissaffirmance avoidance filing a...

Q:

Question 26 In contract law, _____________________ is the act of accepting and giving legal force to an obligation that previously was not enforceable. ratification dissaffirmance avoidance filing a...

Q:

Question 26 In contract law, _____________________ is the act of accepting and giving legal force to an obligation that previously was not enforceable. ratification dissaffirmance avoidance filing a...

Q:

CHAPTER 12 Privacy \"If everybody minded their own business,\" the Dutchman said in a hoarse growl, \"the world would go round a deal faster than it does.\" Lewis Carroll, Alice's Adventures in...

Q:

CHAPTER 12 Privacy \"If everybody minded their own business,\" the Dutchman said in a hoarse growl, \"the world would go round a deal faster than it does.\" Lewis Carroll, Alice's Adventures in...

Q:

The following information is available for Wildhorse Company: Sales revenue $690,000 Sales returns and allowances 38,000 Cost of goods sold 411,000 Operating expenses 190,000 Interest expense 17,000...

Q:

East Mullett Manufacturing earned net income last year as shown in the following income statement: Sales ................. $531,250 Cost of goods sold ........... 280,000 Gross margin .............

Q:

How does the business - level strategy of differentiation assist in a health delivery system and benefit from adopting this business strategy?

Q:

Prepared from a situation suggested by Professor John W. Hardy.) Lone Star Meat Packers is a major processor of beef and other meat products. The company has a large amount of T-bone steak on hand,...

Q:

Compare the failure strength of a unidirectional alumina whisker (1,/d; = 2000) reinforced epoxy with that of unidirectional continuous alumina fiber reinforced epoxy. The average tensile strength of...

Q:

Compare the failure strength of a unidirectional alumina whisker (l f /d f = 2000) reinforced epoxy with that of unidirectional continuous alumina fiber reinforced epoxy. The average tensile strength...

Q:

Why not store glucose in its monomeric form in the liver or muscle instead of glycogen?

Q:

Mr. and Mrs. Smith were both 67 years old and had no dependent. Mr. smith died during the year. What is the maximum number of individuals that Mrs. Smith may qualify for dependency benefits for the...

Q:

C# syntax allows creating arrays with several rows and unequal number of columns True False

Q:

2. In this chapter, the reader should reflect on the following concepts: Context, winwin, win-lose, ambiguity, mental model, point of reference.

Q:

2. In this chapter, the reader should reflect on the following concepts: Patterns, symmetrical relationships, complementary relationships.

Q:

1. To provide insight into how setting an overly narrow boundary can give a mes-sage a specific meaning, while setting a wider boundary can give a completely different meaning.