Contracts
A real estate purchase contract that contains all required elements but was entered into by a 16-year-old is:
AVoid
BVoidable by the minor but generally enforceable by the adult✓ Correct
CFully enforceable
DIllegal and carries criminal penalties
Explanation
Contracts with minors (under 18 in Georgia) are voidable at the minor's option — the minor can disaffirm the contract, but the adult party cannot use the minor's age as a defense to avoid the contract.
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