Question

A competent party who unknowingly enters into a contract with a minor may void the contract. true false

Answer 1

False.

Step-by-step explanation:

A contract entered into by a minor is generally voidable at the option of the minor, but not at the option of the competent party. The competent party is bound by the terms of the contract unless it can be shown that the minor lacked capacity to enter into the contract, such as in cases where the minor was mentally incompetent or under the influence of drugs or alcohol at the time of entering into the contract.