Which of the following statements is true about minors as parties to a contract?
O In a number of states, courts do not hold a minor who has misrepresented his or her age liable.
O Upon ratification, a minor retains the right to disaffirm.
O A contract into which a minor has entered is voidable at the election of the minor.
O A minor can explicitly ratify a contract and forego disaffirmance even before reaching the age of majority.
O A minor cannot be held liable in any way for contractual promises involving necessaries of life such as shelter and medical care.