Contracts
Under New York law, a contract entered into by a minor (under 18) for the purchase of real estate is:
AVoid
BVoidable at the minor's option✓ Correct
CFully enforceable
DValid only if a parent co-signs
Explanation
Contracts entered into by minors are voidable at the minor's option. The minor may disaffirm the contract upon reaching the age of majority (18 in New York) or within a reasonable time thereafter.
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