Contracts
A Kentucky contract for the sale of real property signed by a 17-year-old buyer is:
AVoid ab initio
BVoidable at the minor's option✓ Correct
CEnforceable because the minor initiated the contract
DEnforceable if notarized
Explanation
A contract signed by a minor (under 18) is voidable at the minor's option — the minor may choose to disaffirm (cancel) the contract but the other party cannot cancel it solely on grounds of the minor's age.
Related Kentucky Contracts Questions
- An acceleration clause in a Kentucky mortgage means:
- In Kentucky, an inspection contingency allows the buyer to:
- In a Kentucky real estate transaction, 'as-is' means:
- The procuring cause doctrine in Kentucky determines:
- Novation in a Kentucky real estate transaction means:
- An exclusive right to sell listing in Kentucky means:
- A 'net listing' in Kentucky is one where:
- In Kentucky, parol evidence may be used to explain or supplement a written real estate contract:
Practice More Kentucky Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Kentucky Quiz →