Final answer:
A minor can ratify a voidable contract once they reach the age of majority and choose to be bound by its terms.
Step-by-step explanation:
A minor can ratify a voidable contract once they reach the age of majority. Voidable contracts are those that can be either affirmed or disaffirmed by the minor. When a minor ratifies a contract, it means they choose to be bound by its terms and continue to perform their obligations under the contract.
For example, let's say a 17-year-old entered into a contract to buy a car. Once the minor turns 18, they can choose to ratify the contract and continue with the purchase, or disaffirm the contract and return the car.
It's important to note that the minor may ratify the entire contract or only a portion of it, depending on their discretion.