What is true about contracts made by a minor?

Prepare for the Funeral Service Education (FSE) National Board Exam with comprehensive resources. Access multiple choice questions, flashcards, and detailed explanations to boost your confidence and improve your knowledge. Ace the exam seamlessly!

Contracts made by a minor are unique in that they are generally considered voidable at the minor's option. This means that a minor has the legal right to disaffirm, or cancel, a contract that they have entered into. The rationale behind this principle is to protect minors from their lack of experience and the potential consequences of their decisions.

When a minor chooses to disaffirm a contract, they can do so without facing legal penalties, allowing them to avoid commitments they made when they may not have fully understood the implications. This capability serves as a safeguard, acknowledging that minors may not have the maturity or sound judgment necessary to engage fully in contractual agreements like adults.

There are, however, specific exceptions to this rule. For example, if the contract involves necessities like food, housing, or clothing, it may not be voidable, as these are essential for the minor's welfare. Understanding these nuances helps clarify the legal landscape surrounding contracts involving minors.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy