Floyd signs a contract to buy a drum kit just before reaching the age of majority. After reaching the age of majority, Floyd does not take possession or make payments. With respect to the contract, most courts would hold that this is:.
A) disaffirmance.
B) emancipation.
C) ratification.
D) restitution.

A. Disaffirmance

Explanation:

Disaffirmation is denial or annulment of the nature of anything or repudiation of a previous transaction. The term is also used in contract law to refer to a minor's right to refuse a contractual obligation.

When someone use the word majority age, they normally refer to when a young person hits the age where one is considered an adult. It typically occurs at any point between 18 and 21, depending on the state law.

After reaching the age of majority, Floyd does not take possession or make payments. With respect to the contract, most courts would hold that this is Disaffirmance, Disaffirmation occurs when the minor declares that they no longer wish to be bound by the terms of the contract to which they are a party, either in a formal declaration or by their acts. Upon reaching the age of majority, the minor may choose to disaffirm the contract concluded while in the minority.

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