Question

David has entered into a sales contract with Sally who is a minor. Which of the following statements is correct?

a. This is not a legal contract and is invalid.
b. This contract is automatically void.
c. This contract may be voidable.
d. This is an enforceable contract under common law.

Answer 1

The correct statement is option c. This contract may be voidable.

Step-by-step explanation:

The correct statement is option c. This contract may be voidable.

When a contract is made with a minor, it is generally considered voidable. This means that the minor has the option to disaffirm or cancel the contract. The contract remains valid until the minor decides to disaffirm it.

For example, if David, who is an adult, enters into a sales contract with Sally, who is a minor, Sally can choose to disaffirm the contract at any time before reaching the age of majority or within a reasonable time after reaching it.