17. 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?
Answer: B
George needs to disaffirm the contract.
To no longer be bound by the contract he entered into as a minor, George must disaffirm it. This legal action allows him to void the contract since he was a minor at the time of its formation.
A) ratify it
Ratifying the contract would mean that George agrees to the terms of the contract, which is contrary to his desire to be released from it. Since he no longer wishes to be bound by the contract, ratification is not the correct action for him to take.
B) disaffirm it
Disaffirming the contract is the appropriate action George must take. As he was a minor when he entered into the contract, he has the legal right to void it now that he has reached the age of majority. This option directly addresses his intention to not be bound by the contract any longer.
C) George cannot get out of the contract, because he is now an adult.
This option is incorrect because, although George is now an adult, the law provides him the ability to disaffirm contracts entered into while he was a minor. His current age does not negate his right to void the contract.
D) assign it
Assigning the contract would involve transferring his rights and obligations under the contract to another party. However, since George wants to be released from the contract altogether, assignment does not fulfill his intention to disaffirm it.
Conclusion
Disaffirming the contract allows George to void it due to his status as a minor at the time of its formation, which is a legal right he retains even after reaching adulthood. The other options either suggest actions that would bind him further to the contract or incorrectly state that he cannot escape its terms. Therefore, disaffirmation is the only viable course of action for George.