Question: X is 1 6 . He makes a contract with Y to Y ' s business for $ 1 million. Which of the following best

X is 16. He makes a contract with Y to Y's business for $1 million. Which of the following best describes X's rights after the contract was made?
X made a voidable contract and can disaffirm it because he is a minor with no exceptions
X made a void contract because it is illegal for minors to make contracts
X made a voidable contract and can disaffirm it if it is executory because it involved a necessary item or items.
None of the above

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