George lives in Oakland. He entered into a contract as a minor. He is 18 now, and no longer wants to be bound by that contract. George needs to do what to the contract?

Rationale

George needs to disaffirm the contract.

As a minor, George entered into the contract, which legally allows him to disaffirm it upon reaching the age of majority. By disaffirming the contract, he can release himself from any obligations that arose while he was still a minor.

A (ratify it) YOUR ANSWER

Ratification is the process by which a minor affirms a contract upon reaching adulthood, making it binding. However, since George no longer wishes to be bound by the contract, ratification would not serve his interests. Instead, he should disaffirm the contract to avoid any obligations.

B (disaffirm it) CORRECT

Disaffirming a contract allows a minor to void or cancel the agreement upon reaching the age of majority. Since George is now 18 and wants to escape the contract he entered into as a minor, disaffirmation is the appropriate action for him to take.

C (George cannot get out of the contract, because he is now an adult.) YOUR ANSWER

This statement is incorrect because, while it is true that George is now an adult, he still retains the right to disaffirm contracts made during his minority. The law protects minors from being bound by contracts they entered into before reaching adulthood.

D (assign it) YOUR ANSWER

Assignment refers to the transfer of rights and obligations under a contract to another party. However, George's goal is to be released from the contract entirely, not to transfer it to someone else. Therefore, assignment does not apply in this situation.

Conclusion

George's ability to disaffirm the contract reflects the legal protections afforded to minors in contract law. By exercising his right to disaffirm, he effectively cancels all obligations associated with the contract he entered into before reaching adulthood. This action underscores the importance of legal capacity in contract formation and the protections in place for individuals who may lack full legal understanding.

George lives in Oakland. He entered into a contract as a minor. He is 18 now, and no longer wants to be bound by that contract. George needs to do what to the contract?

George needs to disaffirm the contract.

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