New York Law (NYLE) Practice Exam 2025 - Free NYLE Practice Questions and Study Guide

Question: 1 / 400

May a married couple disaffirm a contract they entered into as minors for borrowing money to purchase a home?

Yes, if they reach the age of 18

No, because they are married and cannot disaffirm such a contract

In New York, the ability of minors to disaffirm contracts is generally protected to allow them to avoid obligations that they may not have been fully capable of understanding due to their age. However, when it comes to married couples, the law has certain stipulations.

In this scenario, a married couple, even if they entered into a contract as minors, is unable to disaffirm the contract simply based on their minor status due to their marriage. This is because marriage in New York confers certain rights and responsibilities that generally prevent the spouses from invoking the protections typically granted to minors. Thus, the significant legal principle at play here is that marriage elevates the legal standing of the individuals involved, making it so they cannot disaffirm contracts made while they were minors.

For the other options:

- While reaching the age of 18 typically allows a minor to disaffirm contracts, in this case, their marriage would bar them from doing so.

- Consent of both parties does not override the statutory limitations placed on the ability of minors in marriage to disaffirm contracts.

- The requirement that both must reach the age of majority further supports the idea that marriage impacts their ability to disaffirm contracts independently from the context of reaching adulthood.

Thus, the key takeaway is

Get further explanation with Examzify DeepDiveBeta

Yes, if both parties consent

No, unless both reach the age of majority

Next Question

Report this question

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy