Which of the following is true of a minor's right to disaffirm a contract?

A) A minor must reach the age of majority to disaffirm a contract.
B) Contracts that come under the necessaries of life can be disaffirmed by minors.
C) Minors are exempt from duty of restoration during the period of minority.
D) A minor can expressly disaffirm a contract orally or in writing.

D

Business

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A) development B) users C) accountability D) change management

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A note discounted with recourse means that if the original customer fails to pay the bank the total amount due on the maturity date of the note, the company that transferred the note to the bank is liable for the full amount

a. True b. False Indicate whether the statement is true or false

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