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Isabella Speed
on Nov 29, 2024

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The minority of states require that the minor, when effecting a disaffirmance of the contract, pay at least a reasonable amount for the use of the property or the amount by which the property depreciated while in the hands of a minor.

Disaffirmance

The legal right or act of renouncing or rejecting a contract or agreement, particularly used in reference to minors' agreements.

Depreciated

The decrease in an asset's value over time due to wear and tear, obsolescence, or market conditions.

  • Discern the legal strategies offered to protect minors within contracts, which include disaffirmance and ratification.
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Sourav AhujaDec 05, 2024
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