A minor has the right to disaffirm a voidable contract when?

A minor possesses the right to disaffirm a voidable contract at any time during their minority, which generally refers to individuals under the age of 18, and within a reasonable timeframe after they reach the age of majority. This legal principle allows minors to protect themselves from the consequences of entering into contracts they may not fully understand or have the capacity to fulfill.

The rationale behind this right is to prevent exploitation and ensure that minors are not bound by agreements that they may not have the maturity to comprehend. Once they reach the age of majority, although they still have a window of time to disaffirm the contract, this timeframe is typically governed by the concept of acting within a "reasonable time." This means that once they become adults, they need to make decisions about disaffirming agreements promptly to avoid potential complications.

In contrast, the other options misrepresent the standard legal framework around the disaffirmation of contracts by minors. They either restrict the time frame too narrowly or establish unnecessary conditions, such as the involvement of a significant amount of money, which is not a requirement for a minor’s right to disaffirm a voidable contract.