Which of the following occurs when a person reaches the age of majority and states,either orally or in writing,that he or she intends to be bound by the contact entered into as a minor?

A) Implied ratification
B) Express ratification
C) Express novation
D) Implied novation
E) Disaffirmance

Question

Reymi Batista · Accepted Answer

Final Answer : B, Explanation :  An express ratification occurs when,after reaching the age of majority,the person states,either orally or in writing,that he or she intends to be bound by the contract entered into as a minor.

Which of the following occurs when a person reaches the age of majority and states,either orally or in writing,that he or she intends to be bound by the contact entered into as a minor?

A) Implied ratification
B) Express ratification
C) Express novation
D) Implied novation
E) Disaffirmance

Definitions

Learning Objectives

Learning Objectives

Related questions

Which of the following occurs when a person reaches the age of majority and states,either orally or in writing,that he or she intends to be bound by the contact entered into as a minor?A) Implied ratificationB) Express ratificationC) Express novationD) Implied novationE) Disaffirmance

Definitions

Learning Objectives

Learning Objectives

Related questions

Which of the following occurs when a person reaches the age of majority and states,either orally or in writing,that he or she intends to be bound by the contact entered into as a minor?

A) Implied ratification
B) Express ratification
C) Express novation
D) Implied novation
E) Disaffirmance