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Select one or more The rule of repudiation: a. applies to all contracts with a minor...

Select one or more

The rule of repudiation:

a. applies to all contracts with a minor that have not been fully performed

b. means that a minor must abide by a contract for a necessary item

c. applies only to the contracts which are unfair to the minor

d. allows minor to cancel all the contracts where underage

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Answer #1

Answer: B (Means that a minor must abide by a contract for a necessary item)

Rationale: Minors have the rights to repudiate or disaffirm all types of contracts from the very beginning in which they enter whether or not they have been executed or not. But the only limitation is that when a minor enters a contract for a necessary item such as contract to purchase food, clothing, shelter, medical attention necessary to maintain well being of the minor, they are liable for the reasonable value of goods and services and must abide by the contract.

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