Smith and Roberson’s Business Law
Smith and Roberson’s Business Law
17th Edition
ISBN: 9781337094757
Author: Richard A. Mann, Barry S. Roberts
Publisher: Cengage Learning
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Chapter 14, Problem 1CO
Summary Introduction

To discuss: The way in which minor ratify a contract.

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Explanation of Solution

An individual who is below the age of 18 years or under the age of majority is called minor. After the age of majority (18 years), person X might choose to accept or approve an agreement, which creates agreement binding ab initio (from the starting.)

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