What is the purpose of the minor's right to disaffirm contracts?

A) To reduce the judicial caseload for breach of contract actions
B) To allow minors a windfall in terms of keeping property without paying for it
C) To punish adults who contract with minors
D) To give minors superior bargaining power in negotiating contracts
E) To protect the minor from competent parties that might otherwise take advantage of the minor

Superior Bargaining Power

A situation where one party in a negotiation or contractual relationship has significantly more influence, resources, or information, potentially leading to an imbalance in the terms agreed upon.

Minor's Right

Minor's Right refers to the legal protections and entitlements specifically granted to individuals under the age of legal majority, often including protections in contracts and employment.

Competent Parties

Individuals or entities that have the legal capacity to enter into a binding contract.